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Problems on Bank Reconciliation Q6 Prepare Bank Reconciliation statement as on March 31, 2019. On this date the passbook of  Al Nasr  Industries LLC showed a balance of RO 27,500. -Cheques of RO 14,000 directly deposited by a customer. -Cheques for RO 13,500 were issued during the month of March but of these cheques for RO 1,500 were not presented by the end of March. -The bank collected RO 2,500 as dividend on shares. -Cheques of RO 17500 were paid into bank but of RO 8500 were realized in the month of April

Problems on Bank Reconciliation Q6 Prepare Bank Reconciliation statement as on March 31, 2019. On this date the passbook of  Al Nasr  Industries LLC showed a balance of RO 27,500. -Cheques of RO 14,000 directly deposited by a customer. -Cheques for RO 13,500 were issued during the month of March but of these cheques for RO 1,500 were not presented by the end of March. -The bank collected RO 2,500 as dividend on shares. -Cheques of RO 17500 were paid into bank but of RO 8500 were realized in the month of April

Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter5: Cash Control Systems
Section: Chapter Questions
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Problems on Bank Reconciliation

Q6 Prepare Bank Reconciliation statement as on March 31, 2019. On this date the passbook of  Al Nasr  Industries LLC showed a balance of RO 27,500.

-Cheques of RO 14,000 directly deposited by a customer.

-Cheques for RO 13,500 were issued during the month of March but of these cheques for RO 1,500 were not presented by the end of March.

-The bank collected RO 2,500 as dividend on shares.

-Cheques of RO 17500 were paid into bank but of RO 8500 were realized in the month of April.

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