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Q 4: On 13/8/2012 the bank balance appearing in the records of Al-Jabal Company amounted to a debit of 45800, while the balance of the
Q 4: On 13/8/2012 the bank balance appearing in the records of Al-Jabal Company amounted to a debit of 45800, while the balance of the current account of the company, as it appears in the bank statement, was a credit of 51900 and after examination and audit of the reasons for the mismatch, the following was found: 1- The bank, on behalf of the company, collected a bill of exchange in its favor, and the amount of it was 7500. 2- The bank sent a rejected check with the account statement to a customer for the amount of 3,500 that the bank was unable to collect 3- There are deposits that did not appear in the bank's statement, amounting to 4300 dinars. 4- The bank deducted a bank commission of 1500 5- There is a check from a customer deposited in the bank for the amount of 2133 dinars recorded by the company's accountant for the amount of 1233 iuue 6- There are checks issued to suppliers (beneficiaries) that did not appear in the bank's statement, and they are. Check No. 666 for the amount of 2870 dinars Check No. 663 for the amount of 4130 dinars Required: Prepare a bank reconciliation memo 31/7/2012
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