BANK RECONCILIATION STATEMENT

The cash at bank ledgerof Starlet Limted shows a debit balance of 4,500 on 31st October 2017. Cheques for 2,000 from customers that were recently paid into the bank have not yet been processed.

Payments totalling 6,200 made by the business to its suppliers and others have not yet been presented to the bank statement for payment.

The bank has charged 700 in bank charges.

A cheque for 300 from a customer has been dishonoured.

The balance in the account according to the bank statement is 7,700

Required: Prepare a bank reconciliation statement for the month of October 2017