Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

lustration - available: Perfect Pvt. Ltd. has two accounts with Ever Barkle the accounts were known Account and Account. As at Dec 31, 2012, the

image text in transcribed

lustration - available: Perfect Pvt. Ltd. has two accounts with Ever Barkle the accounts were known Account and Account. As at Dec 31, 2012, the balance esper Account book relected the following Account 125.000 Regidor balance Accountil 21.11.250 Overdraft balance The accountant faled to fally the balance with the Pos Book and the following information was (al The Bank has charged interest an Account 11.375 and credited interest on Accountat 1.250. These were not recorded by the accountant 12.500 drawn on Dec.10.2013 tram Account was recorded in the book of Account la Sonk charges of 10 and 1.125 for Account and Accounts were not recorded in the books (dl A deposit oft 17.500 in Account was wrongly entered in Account in the book le) Two cheques o 12.900 and 13.750 derested in Account but entered in Account in the books were dishonoured. The entries for dishonoured cheques we entered in Accountil 2.101 FUNDAMENTALS OF ACCOUNTING 31 Cheques nied for 150.000 and 15.000 from Account and Accountinctively, were not presented untian 5. 2014 al cheques destedt 125.000 and 1.12.500 in Account and mechvely, were credited by Bonk on Feb. 2. 2014 You are required to prepare the bont Reconciliation Statement for Accountant

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions