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The bank statement shows that on December 31, 2022, bank balance of Ali Company is RO 11,800 However, the company's Cash account has a balance
The bank statement shows that on December 31, 2022, bank balance of Ali Company is RO 11,800 However, the company's Cash account has a balance of RO 6,680 1. Cheque received and deposited into bank for collection (deposit in transit) RO 3,200 2. The bank wrongly deducted RO 200 for a cheque written by another customer. 3. Cheque issued but not presented to bank for payment of RO 2,680 4. EFT receipt of your dividend revenue earned on an investment, RO 1,800. 5. Bank collection of claim from insurance, RO4,200. 6. Interest revenue earned on your bank balance, RO 780 . 7. Bank service charge, RO 40. 8. NSF check from a customer, RO 100. 9. EFT payment of insurance expense, RO 800. The bank statement shows that on December 31, 2022, bank balance of Ali Company is RO 11,800 However, the company's Cash account has a balance of RO 6,680 1. Cheque received and deposited into bank for collection (deposit in transit) RO 3,200 2. The bank wrongly deducted RO 200 for a cheque written by another customer. 3. Cheque issued but not presented to bank for payment of RO 2,680 4. EFT receipt of your dividend revenue earned on an investment, RO 1,800. 5. Bank collection of claim from insurance, RO4,200. 6. Interest revenue earned on your bank balance, RO 780 . 7. Bank service charge, RO 40. 8. NSF check from a customer, RO 100. 9. EFT payment of insurance expense, RO 800
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