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Question 8 (5 marks) The following information of Leaves Pty Ltd, relates to it banking activities for the month ended 31 May 2016. The bank
Question 8 (5 marks)
The following information of Leaves Pty Ltd, relates to it banking activities for the month ended 31 May 2016.
- The bank statement balance is $9,100.
- The cash account balance is $7,430
- Outstanding cheques totalled $1,900.
- Outstanding deposit of $600.
- The bank service charge is $30.
- Collection of a note receivable by the bank, $400.
Required:
Prepare the bank reconciliation statement as at 31 May 2016.
Type your answer in the template provided.
[Answer here]
Bank reconciliation statement as at 31 May 2016 | $ |
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