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Matrix Human Resource Solutions Ltd was reconciling it's bank account on October 3 1 , 2 0 2 3 . The following are possible reconciling
Matrix Human Resource Solutions Ltd was reconciling it's bank account on October The following are possible reconciling items between its book balance and its cash balance per the bank:
Book balance, October
$
Outstanding cheques
Customers NSF cheque returned by the bank
Interest earned on chequing account
Bank Account Balance, October $
In the search for reconciling items, the accountant also discovered that the company made an error in recording a customers cheque: the amount was recorded in cash receipts as $; the bank recorded the amount correctly as $
Required:
Prepare a bank reconciliation for October in proper form.
What amount will be reported on the adjusted cash balance at October
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