question archive 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.