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Balance per bank statement Less: outstanding cheques ARKIN Company Bank reconciliation May 31, 2014 6124 6138 6139 6140 add: deposit in transit 2125 932,65
Balance per bank statement Less: outstanding cheques ARKIN Company Bank reconciliation May 31, 2014 6124 6138 6139 6140 add: deposit in transit 2125 932,65 30928,46 960,57 1420 5438,22 25490,24 4710,56 30200,8 Cheque register- June DATE June 1 Payee Bren Mfg 1 Stempy Mfg 8 Regent Co. NO Invoice amount Discount Cash 6141 237,5 237,5 6142 915 9,15 905,85 6143 122,9 2,45 120,45 9 Bren Mfg 6144 306,4 306,4 10 Petty cash 6145 89,93 89,93 17 Pretty Babies Photo 6146 706 14,12 691,88 22 Hey Dude Publishing 6147 447,5 447,5 23 Payroll Account 6148 4130 4130 25 Dragon Tools 6149 390,75 3,91 386,84 28 Be smart Const. 6151 2250 2250 29 MMT Inc 6152 750 750 30 Lasso Co. 6153 400 8 392 10745,98 37,63 10708,35 Provincial Bank Bank Statement General chequing account of ARKIN company Date debits Credits Balance 30928,46 June 1 2125 12 932,65 23 26 1420 4130 11,05 (a) 237,5 120,45 447,5 905,85 4710,56 32370,67 1507,06 32824,63 306,4 1458,55 32109,28 27968,23 28 89,93 2250 1050 (b) 4157,48 28735,78 a) Bank services charges b) Bank debit memo for 1050,0 for a customer's cheque returned and marked NSF included with the June bank statement. Cash received on June 30 and put in the banks night deposit box on the evening of June 30 was recorded by the bank in the gerneral chequin account on July 2 fot he amount of 4607,96. Because the Cash account balance at June 30 is not given, it must be calculated based on other information Instructions: Prenare a hank reconciliation to the correct balance asa at June 30 2014 for ARKIN Company
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