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Question 27 Short Case 1 Not yet answered Marked out of 3.00 P Flag question Victor Company's cash account has a balance of OMR 5,000 at October 31. However, the bank statement shows that the bank balance of the company is OMR 5,500. 1. Deposit in transit OMR 1,150. 2 The bank deducted OMR 150 for a check written by Venus Company. 3. There were outstanding checks totalled OMR 1,300. 4. Company has not yet recorded interest collected by the bank on an investment OMR 1,000. 5. The bank returned one of the Victor's customer's cheques as NSF check from a customer OMR 500. Required: Prepare the Bank Reconciliation Statement for Victor Company for the month ended October 31