From the following particulars, prepare Bank reconciliation statement of Mr. Naveed as on June 30, 2002.   ·         Balance as per bank book Dr. 32,000 ·         Cheques deposited but not yet collected by bank   20,200 ·         Cheques issued but not yet paid by bank   13,000 ·         Dividend credited by bank on June 30, but the intimation     was received later   2,000 ·         Interest credited by bank   250 ·         Bank charges debited by bank   50   It is assumed that books of accounts are not closed yet.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 11EB: Using the following information, prepare a bank reconciliation. Bank balance: $12,565. Book...
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4          Problem

 

From the following particulars, prepare Bank reconciliation statement of Mr. Naveed as on June 30, 2002.

 

·         Balance as per bank book

Dr.

32,000

·         Cheques deposited but not yet collected by bank

 

20,200

·         Cheques issued but not yet paid by bank

 

13,000

·         Dividend credited by bank on June 30, but the intimation

 

 

was received later

 

2,000

·         Interest credited by bank

 

250

·         Bank charges debited by bank

 

50

 

It is assumed that books of accounts are not closed yet.

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