Kramer’s Company gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank statement 10/31 $ 15,800 Outstanding Checks 6,700 Notes receivable and interest collected by bank 2,000 Bank charge for check printing 65 NSF Check 500 Deposits in Transit 1,100 The adjusted cash balance per bank on October 31 is:

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.