ProblemFrom the following particulars, prepare Bank reconciliation statement of Mr. Naveed as on June 30, 2002.· Balance as per bank bookDr.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.

Bank reconciliation statement is a statement prepare to adjust the balance of cash book or pass book…

Answered: From the following particulars, prepare…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 7EA: Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance:...

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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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