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kindly solve this Your uncle just started a business, and he knew that you were studying Accounting for Business Decisions. On the last day of
kindly solve this
Your uncle just started a business, and he knew that you were studying Accounting for Business Decisions. On the last day of June 2022 , he called you and asked for your help since he could not reconcile his month-end bank account balance. In particular, he asked you to prepare a bank reconciliation statement. For this purpose, he has provided you with the following information: a) The month-end balance, as appeared on the bank statement, is $13186.50. This balance is different from the bank balance in your uncle's record. The balance in your uncle's record is \$11 056.50. b) The cheques of \$2815.50 are outstanding. In other words, these cheques are not processed by the bank yet. c) The deposits of $375 are outstanding. In other words, these deposits are not processed by the bank yet. d) Your uncle is unaware of the bank charges of $64.50. e) A cheque of $277.50 was erroneously debited from your uncle's bank account by the bank. f) The bank has credited an amount of $31.50 to your uncle's bank account. However, your uncle is unaware of this creditStep by Step Solution
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