Question $1$

You are given the financial details of the White$-$Water Kayak Company, for the month of September. The company specializes in outdoor water sports equipment, with a strong focus on kayaks and accessories. As part of the finance team, you are tasked with reconciling the company$$s bank statements with its ledger accounts to ensure accuracy in financial reporting.

Scenario Details:

$1.$ The balance per the bank statement on September $30$ is OMR $6,900.$

$2.$ The Cash account balance in the company's ledger on September $30$ is OMR $5,573.$

$3.$ Cash receipts recorded on September $30$ amount to OMR $5,850,$ which have not been processed by the bank yet.

$4.$ The bank statement includes a debit memo of OMR $25$ for check printing charges.

$5.$ Check No$.119,$ meant for Blacque Company, was erroneously recorded at OMR $236$ instead of the correct amount of OMR $263.$

$6.$ Outstanding checks totaling OMR $4,800$ have not yet been cleared by the bank.

$7.$ Check No$.148$ was issued for OMR $408$ but was mistakenly recorded in the company$$s books as OMR $480.$

$8.$ An NSF $($Non$-$Sufficient Funds$)$ check from a customer, amounting to OMR $340,$ was returned by the bank.

$9.$ The bank collected a note receivable for the company, totaling OMR $2,670($principal amount OMR $2,600$ plus OMR $70$ interest$),$ which was not yet recorded in the company$$s books.

Prepare a bank reconciliation statement for White Water Kayak Company as of September $30,$ considering the discrepancies and information provided.; Identification of Adjustments & Accuracy of Calculations