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On (a) Flynn and Associates had an unadjusted bank account ledger balance at 30 November of $3,552 Dr. The bank statement at the same date
On (a) Flynn and Associates had an unadjusted bank account ledger balance at 30 November of $3,552 Dr. The bank statement at the same date showed a balance of $3,460 Cr. Bank service charges for the month were $22 and outstanding cheques totalled $630. The bank statement revealed that the bank had collected dividends for the firm of $450 and a deposit of $1,150 is not yet recorded on the statement. Show your calculation of the corrected bank account ledger balance on 30 November. (5 marks) (b) The 30 April bank reconciliation of Perth Co was prepared using the information below. Ledger bank balance $14,805 Dr (unadjusted) Outstanding deposit $2,680 Unpresented cheques $6,575 Show your calculation of the bank statement balance on 30 April. (5 marks) HTML Editor B 1 U A IX E Ix? X : V 06 V TTT 12pt adol
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