Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Quiz navigation Soni Pty Ltd wants a bank reconciliation to be prepared for the month ended 30 June 2022 using the following information: 1. Soni

image text in transcribed

Quiz navigation Soni Pty Ltd wants a bank reconciliation to be prepared for the month ended 30 June 2022 using the following information: 1. Soni Pty Ltd Cash at Bank account shows a balance of $13,754.26. 2. Balance shown by the bank statement at 30 June was $13,155.10. 3. Cheques recorded in the cash payments journal but not presented to the bank for payment were: 4. A deposit of $1,270.30 appears as a deposit in the cash receipts journal but had not been recorded by the bank at the date of the statement. 5. The bank statement lists a $50 bank service charge. 6. The bank statement includes a dishonoured cheque of $500 from a customer. Required: Prepare bank reconciliation statement with proper format at 30 June 2022 based on the provided information. (14 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Justified The Story Of Americas Audit

Authors: Dr. Kelli Ward

1st Edition

195725503X, 978-1957255033

More Books

Students also viewed these Accounting questions

Question

Calculate and interpret confidence intervals for means

Answered: 1 week ago

Question

Solve the following 1,4 3 2TT 5x- 1+ (15 x) dx 5X

Answered: 1 week ago