QUESTION 6 Stationers R Us Pty Ltd's bank reconciliation clerk is unable to reconcile the bank balance at 31 January The balance of the cash at bank account, before any entries for transactions initiated by the bank, was $4,481 in the company records The clerk's attempt at the bank reconciliation statement is as follows 4,529 425 Cash balance as per bank statement Add Dishonoured cheque from customer Less Bank charges Less Outstanding deposits Add Unpresented cheques Cash balance per company records 35 370 878 4,780 Required Prepare a correct bank reconciliation

Question

QUESTION 6 Stationers R Us Pty Ltd's bank reconciliation clerk is unable to reconcile the bank balance at 31 January  The balance of the cash at bank account, before any entries for transactions initiated by the bank, was $4,481 in the company records  The clerk's attempt at the bank reconciliation statement is as follows  4,529 425 Cash balance as per bank statement Add  Dishonoured cheque from customer Less  Bank charges Less  Outstanding deposits Add  Unpresented cheques Cash balance per company records 35 370 878 4,780 Required  Prepare a correct bank reconciliation

Accepted Answer

The Answer is in the image, click to view ...

Question

QUESTION 6 Stationers R Us Pty Ltd's bank reconciliation clerk is unable to reconcile the bank balance at 31 January. The balance of the cash

Step by Step Solution

Step: 1

Get Instant Access with AI-Powered Solutions

Step: 2

Step: 3

Ace Your Homework with AI

Students also viewed these Accounting questions

Question

Question

Question

Question

Question

Question

Question

Question

Question