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Exercise 3 - Preparing bank reconciliation Hunter Photography's cheque book lists the following: Cheque no. Item Cheque Deposit 622 $15 $130 Date Nov 1 Nov
Exercise 3 - Preparing bank reconciliation Hunter Photography's cheque book lists the following: Cheque no. Item Cheque Deposit 622 $15 $130 Date Nov 1 Nov 4 Nov 9 Nov 13 Nov 14 Nov. 18 Nov. 26 Nov. 28 Nov. 30 623 624 625 626 627 Art Caf Dividends received Photo supplies Utilities Cash Office supplies Bent tree apartments Service revenue $55 $75 $60 $85 $265 Balance $540 $525 $655 $600 $525 $465 $380 $115 $1,325 $1,210 Hunter's November bank statement shows the following: $540 $130 Balance Add: Deposits Debit cheques No. Amount 622 $15 623 $55 624 $115* 625 $60 Other charges: Printed cheques Service charge Balance *This is the correct amount for cheque number 624. Requirement ($245) $35 $20 ($55) $370 Prepare Hunter Photography's bank reconciliation at 30 November. How much cash does the business actually have on 30 November? Journalise any transactions required from the bank reconciliation. 1 L e
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