question archive Using the following information, prepare bank reconciliation for Smuts Ltd

Using the following information, prepare bank reconciliation for Smuts Ltd

Subject:AccountingPrice: Bought3

Using the following information, prepare bank reconciliation for Smuts Ltd. for 30th June 2019.

a) The bank statement balance is $19,100.

b) The cash account balance is $16,212

c) Outstanding cheques issued amounted to $2,600.

d) Deposits in transit are $900.

e) The monthly bank service charge is $12.

f) Collection of a note by the bank and deposited to the account, $1200. 

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