As of March 31, 2016, the balance according to company records was Rp.13,765,000 and the balance according to a checking account is IDR 19,915,000. When the checking account is received by PT Munyenyo, the following data are available to make a bank reconciliation of PT Munyeyo as of March 31, 2016
1. Total Deposit in Transit is IDR 3,250,000.
2. There is a check from the customer that cannot be cashed and will be charged back in the amount of Rp
250,000.
3. There is a debt payment to the supplier of IDR 450,000. The bookkeeping department of PT Munyenyo
mistakenly recorded Rp. 540,000.
4. Bank interest of Rp. 80,000 has not been booked by PT Munyenyo.
5. When receiving a checking account, there is a balance on the credit side which represents the top payment
principal and interest on notes receivable (notes payable) that are past due from the customer. Score
the principal of the Notes Receivable is IDR 5,000,000, the term of the note is 2 months and the interest is 12%
per year. For the collection by the bank, PT Munyenyo was charged a fee of Rp.10,000.
(Hint: money received in the amount of principal + interest-bank charge)
6. Total Outstanding Checks is IDR 4,390,000.

USE THIS FORMAT TO ANSWER:

 

Cash balance per bank statement Add Less Adjusted cash balance per bank Cash balance per books Add Less Adjusted cash balance per book Bank Reconciliation *********** ******