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Question 1 [11 marks] Paul Consulting is trying to prepare its bank reconciliation statement. For this purpose, the following data is available: 1. The balances

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Question 1 [11 marks] Paul Consulting is trying to prepare its bank reconciliation statement. For this purpose, the following data is available: 1. The balances as per two books as at 30 September 2022 are as follows: 2. The receipts of $1092 have not been deposited. 3. The given data reveals that the cheques of $2081 were issued but not presented. 4. A deposit from another customer for $450 was incorrectly credited into the bank account of Paul Consulting. 5. A cheque for the amount of \$188 was returned marked "dishonoured". 6. Bank charges of $15 appeared in the bank statement. Required: Prepare a bank reconciliation for Paul Consulting at 30 September 2022. ANSWER: Answer box will enlarge as you type

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