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A company's bank balance is $1,500. The general ledger balance is $2,000. The company's cashier is having difficulty reconciling the two balances. The following differences

A company's bank balance is $1,500. The general ledger balance is $2,000. The company's cashier is having difficulty reconciling the two balances. The following differences are discovered: i. A bank charge of $150 has been recorded in the general ledger as $15. ii. A bank charge of $100 has been omitted from the general ledger. iii. A receipt of $200 from a customer has been recorded twice in the general ledger. iv. A cheque for $34 is outstanding on the bank statement. v. A cheque received for $1 has been recorded by the cashier as $100.

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