From the following particulars, prepare Bank reconciliation statement of Mr. Naveed as on June 30, 2002. · Balance as per bank bookDr.32,000· Cheques deposited but not yet collected by bank 20,200· Cheques issued but not yet paid by bank 13,000· Dividend credited by bank on June 30, but the intimation was received later 2,000· Interest credited by bank 250· Bank charges debited by bank 50 It is assumed that books of accounts are not closed yet.

Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…

Answered: From the following particulars, prepare…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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From the following particulars, prepare Bank reconciliation statement of Mr. Naveed as on June 30, 2002.

· Balance as per bank book	Dr.	32,000
· Cheques deposited but not yet collected by bank		20,200
· Cheques issued but not yet paid by bank		13,000
· Dividend credited by bank on June 30, but the intimation
was received later		2,000
· Interest credited by bank		250
· Bank charges debited by bank		50

It is assumed that books of accounts are not closed yet.

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