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Preparing bank reconciliation
Based on the following information prepare a bank roconciliation for busan company on October 31 and November 30
Balance per book >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>600,000 Receipts per company book >>>>>>>>>>>>>>>>>>>>>>>2,200,00 November (collection From cutomer, P100,000 Recorded as, P10,000 Disbursement per company Book for November (check for P300,000 in Payment of account Recorded asP30,000) >>>>>>>>>>>>>>>>>>>>>>1,800,000 Balance per bank statement nov. 30 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>930,000 Deposit in transit >>>>>>>>>>>>>>>>>>>>>>>>300,000 Outstanding checks nov. 30 >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>400,000 Bank receipts for November Including an erroneous Credit of P100,000 w/c should Have been credited to susan co. >>>>>>>>>>>>>>>2,500,000 Bank disbusements for November Including check of susan co. P200,ooo >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>1,970,00 How would I know the bank reconciling items in this problem? |
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