Question

bank reconciliation statement sums​

Answer 1

Answer:

Once you've received it, follow these steps to reconcile a bank statement:

• COMPARE THE DEPOSITS. Match the deposits in the business records with those in the bank statement. ...
• ADJUST THE BANK STATEMENTS. Adjust the balance on the bank statements to the corrected balance. ...
• ADJUST THE CASH ACCOUNT. ...
• COMPARE THE BALANCES.

Answer 2

Answer:

In order to prepare a bank reconciliation statement we need to have a bank balance as per the cash book and a bank statement as on

i. Balance as per bank statement overdraft of Rs.

ii The debit side of the cash book had been undercast by Rs.

iii. A check for Rs.

v. A Dividend of worth Rs.

vi. Checks Rs.

vii. Interest amounting 228 had been debited by the bank but not entered in the cash book.

Hope it helps