Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following information pertains to Orchard Flowers Company. Cash balance per bank statement, July 31, OMR 8,000. July bank service charge not recorded by the
- The following information pertains to Orchard Flowers Company.
- Cash balance per bank statement, July 31, OMR 8,000.
- July bank service charge not recorded by the depositor OMR100.
- Cash balance per cash books, July 31, OMR 9,100 .
- Deposits in transit, July 31, OMR 2,500.
- Bank collected OMR 500 note for Orchard Flowers in July. The collection has not been recorded by Family in cash book.
- Outstanding checks, July 31, OMR 1000.
Instructions: Prepare a bank reconciliation at July 31, to find out the adjusted balance.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started