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Optus 9:25 AM Question 2: (17 marks) Tony is unable to reconcile the bank balance at 31 January. Tony's reconciliation is as follows. Cash balance
Optus 9:25 AM Question 2: (17 marks) Tony is unable to reconcile the bank balance at 31 January. Tony's reconciliation is as follows. Cash balance per bank Add: NSF cheque Less: Bank service charge Adjusted balance per bank 5.460.20 640.00 25.00 6,075.20 Cash balance per books Less: Deposits in transit Add: Outstanding cheques Adjusted balance per books 5,725.20 530.00 930.00 6,125.20 Required a. Prepare a correct bank reconciliation. b. Journalise the entries required by the reconciliation a. Type your answer in the following table: [Answer here) Details Amount
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