Sub: Accounts Topic: Bank Reconciliation
Preparation of Bank Reconciliation Statement.
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Prepare a bank Reconciliation as of August 31 from the following information
The august 31 balance shown on the bank statement is $9,810 There is a deposit in transit of
1,260 at August 31 Outstanding checks at august 31 totaled 1890 Interest credited to the
account during august but not recorded on the company’s book amounted to 108 A ban charge
of $36 for check was made to the account during august. Although the company was expecting
a charge, its amount was not known until the bank statement arrived In the