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The following information was available for Anderson Company for the month ended March 31, 2019. (10 marks) a) The book balance at March 31, 2019
The following information was available for Anderson Company for the month ended March 31, 2019. (10 marks)
a) The book balance at March 31, 2019 was $4,990.22.
b) The bank balance at March 31, 2019 was $6,960.22.
c) Outstanding cheques amounted to $6,310.
d) The March 31st cash receipts of $6,000 were deposited but have not yet appeared on the bank
statement.
e) A $75 debit memorandum for cheques printed by the bank was included with the cancelled
cheques.
f) A customer's note for $1,500 was collected by the bank. In addition, interest on the note was
$110.
g) The bank incorrectly recorded a cheque payment of $1,625 as $1,500.
Prepare a bank reconciliation for Anderson Company at March 31, 2019.
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