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ABC Company Bank Reconciliation 30 November 2015 Cash balance according to bank statement RM5,620 Add: Bank error 150 5,770 Deduct: Insufficient fund check 860 Cash

ABC Company

Bank Reconciliation

30 November 2015

Cash balance according to bank statement

RM5,620

Add: Bank error

150

5,770

Deduct:

Insufficient fund check

860

Cash deposit not appear in bank statement

1,280

2,140

Adjusted balance

3,630

Cash balance according to companys records:

RM6,200

Deduct:

Companys check not yet cleared

1,430

Bank service charges

20

1,450

Adjusted balance

4,750

Question

1. Prepare a corrected bank reconciliation statement. (Note: Cash balance and book balance figures are correct).

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