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Phuong is confused about how much cash he has available to spend on new items for his business. Having totalled all of the cash journals
Phuong is confused about how much cash he has available to spend on new items for his business. Having totalled all of the cash journals and updated the cash at bank account Phuong has calculated the cash at bank balance as $3,499 Dr. In comparing this figure with Bank Statement Phuong has noted they do not match with Bank Statement showing a total of $1,795 Cr. Phuong has identified that 3 Cheques, # 487 for s335, # 489 for S720 and #490 for s636 do not show up on the bank statement. There is also an amount of s3,458 that was recorded as being received on February 28 that does not show up. Finally Phuong has noticed an error by the bank where cheque #485 is recorded on the bank statement as being for s318 when the correct amount paid and recorded in the CPJ was $381. REQUIRED3 Complete a Bank Reconciliation Statement Font familyFont size Paragraph Bank Reconciliation Statement as at Path: p strong BACK TO TOP
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