8. On August 31, Lovely Anonay compared her checkbook balance to her bank statement and discovered the following: CheckbookBank StatementBalanceP46,887.20Balance:P35,614.00Deposits Recorded:8/28/98/128/138/168/30Deposits:8/2P31,200.00P31,200.008/98/1246,000.0046,000.0012,600.0013,600.008/1310,000.0027,000.0025,500.0010,000.008/168/1927,000.0019,400.00Checks Issued and Recorded:P11,000.00Checks Cancelled:No.8No.8P11,000.00No.1013,450.00No.1425,460.00No. 1425,460.0018,110.00No. 1537,950.00No. 16InterestP347.80Service charge131.00Prepare a reconciliation statement.

Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…

Checkbook Bank Statement Balance P46,887.20 Balance: P35,614.00 Deposits Recorded: 8/2 Deposits: 8/2 P31,200.00 P31,200.00 46,000.00 13,600.00 8/9 46,000.00 8/9 8/12 8/12 8/13 8/16 8/30 12,600.00 10,000.00 8/13 10,000.00 27,000.00 25,500.00 8/16 8/19 27,000.00 19,400.00 Checks Issued and Recorded: Checks Cancelled: No.8 P11,000.00 No.8 P11,000.00 25,460.00 37,950.00 No.10 13,450.00 25,460.00 18,110.00 No.14 No. 14 No. 16 No. 15 Interest P347.80 Service charge 131.00 Prepare a reconciliation statement.

Checkbook Bank Statement Balance P46,887.20 Balance: P35,614.00 Deposits Recorded: 8/2 Deposits: 8/2 P31,200.00 P31,200.00 46,000.00 13,600.00 8/9 46,000.00 8/9 8/12 8/12 8/13 8/16 8/30 12,600.00 10,000.00 8/13 10,000.00 27,000.00 25,500.00 8/16 8/19 27,000.00 19,400.00 Checks Issued and Recorded: Checks Cancelled: No.8 P11,000.00 No.8 P11,000.00 25,460.00 37,950.00 No.10 13,450.00 25,460.00 18,110.00 No.14 No. 14 No. 16 No. 15 Interest P347.80 Service charge 131.00 Prepare a reconciliation statement.

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter5: Operating Activities: Purchases And Cash Payments

Section: Chapter Questions

Problem 3.16C

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