Question

Create a bank reconcilliation page from these facts.

Done Unit Eight Assignment Bank R... ☺ Facts Bank Reconciliation ABC Company Bank Reconciliation Project For the month ended January 31, 20xx 1. Company ABC listed the following checks as outstanding: Date Check # Payee Amount 31-Dec 727 G's Plumbing 700 5-Jan 728 American Express 35,285 9-Jan 729 Universal Supplier 52,896 20-Jan 730 Massive Construction 123,549 Jan-19 731 Owner's pocket 42,000 2. The company's accounting system had the following information Beginning Balance Ending Balance 25,386.21 156,656.21 Revenue Received 385,000 3. The company received the folllowing bank statement: Beginning balance Ending balance 26,086.21 251,552.21 ***Please use the next tab to complete the bank reconcilliation***

Answer 1

Amount mount 25,386.21 385000.00 Solution: Accounting Porticulars Boginning Balonce Add: Revenue received loss : Cheque issued : #328 # 729 # 730 # 731 Ending Balance 35,285 52,896 123,549 42,000 (253,730.00) 156,656.21 Bank statement Amount Amount 26086.21 385.000.00 | Зе. Заlоnсе Add: Revenue received less: Cheque issued: #727 # 728 # 730 Ending Balance 35,885 123,549 (159,534.60) 251,552.21 Amount 156 656. 21 - Bank Reconciliation Porticulars Balance as per Accounting Syppm Add: Cheque issued but not cancelled: # 729 52,89 6 # 731 42.000 94,896 Scanne Balance CamScanner as per Bank Statement 251,552.21