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The following information is available for preparing bank reconciliation statement of Yousaf Company, on March 31, 2019 i. Credit balance as per cash book, March
The following information is available for preparing bank reconciliation statement of Yousaf Company, on March 31, 2019 i. Credit balance as per cash book, March 9, was OMR 8,420. ii. Debit balance as per bank statement, March 9, was OMR 48,000. iii. Chegues issued in favour of suppliers OMR 35,000 out of which presented cheques were OMR 28,000. iv. Cheque deposited into Bank OMR 75,000 out of which cheques for OMR 40,000 were cleared Cheque issued OMR 4,500 to suppliers was not entered in company books. interest on overdraft OMR 500, not recorded by company. Bank credited the account OMR 1,500 as dividend. viii. A chegue issued to supplier OMR 8,750 was wrongly entered in business as OMR 5,870. ix. Bank dishonored chegue of a customer which was deposited into Bank OMR 5,100. Bank debited OMR 100 as bank charges. Required: Prepare Bank Reconciliation Statement) Answer 2(a): Yousaf Company Bank Reconciliation Statement March 31, 2019 Particularz Cash Book Pass Book (Bank Statement)
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