Prepare the bank reconciliation statement
Course:- Cost Accounting
Reference No.:- EM13298429

Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Cost Accounting

Prepare the bank reconciliation statement from the following information.

1. Bank overdraft as per Bank Statement Rs. 4500.

2. Cheques issued but not presented for payment amounting Rs.250.

3. Cheques deposited into bank has not been yet credited Rs.450.

4. Bank charges Rs.125 have not been recorded in the cash book.

5. Dividend collected by bank on the behalf of customer Rs. 120 hasnot been recorded int the cash book.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Cost Accounting) Materials
Use only the information in Part 2 to prepare a Contribution Margin Income Statement and a Gross Margin Income Statement for the month of July 2015. Assume the company prod
Determine which activities are most valuable to the wedding couple and compare this finding to the cost of the activities. Which activities should be given greater attention
Use the information in Exercise 22-3 and the following additional information to prepare a budgeted income statement for the month of July and a budgeted balance sheet for Jul
Compute depreciation for 2009 and 2010 using Straight line,  Units of production (assume 30,000 and 60,000 units were produced in 2009 and 2010, respectively) and double-decli
Apache has no significant obligations to perform services after the sale - How much gross profit will Apache recognize in both 2013 and 2014 applying the cost recovery method?
Justify your answer by describing what is meant by the term depreciation, the role and process of recognizing depreciation in accounting reports, and by identifying the acco
Total the variances you have computed, and compare the net amount with the $12,250 mentioned by the vice president. Do you agree that everyone should be congratulated for a
The company uses a standard cost system and applies factory overhead based on direct labor hours and determines the factory overhead rate based on a practical capacity of 40