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Prepare a bank reconciliation statement as of january

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Reference no: EM133095557

Question - The following data were taken from the records of Pedro Gil Luncheonette as of January 31, 2010.

Bank Balance as shown in the bank statement, P57,446.00

Checkbook Balance, P58,457.00

Deposit on the last day of the month not shown in the bank statement, P3,449.00

Outstanding Checks: No. 73, P2,492.00 and No. 76, P681.00

Service Charge, P55.00

Dishonored check of customer, P680.00

Required -

a. Prepare a bank reconciliation statement as of January 31.

b. Record any adjustment in the depositor's general journal.

Reference no: EM133095557

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