The bank statement for Clive Company indicates a balance of $30,000 on September 30, 2021. After the journals for September had been posted, the cash account in the depositor's books had a balance of $27,800. The following reconciling items are available to prepare a bank reconciliation for Clive Company. (i) Bank debit memorandum for service charges, $250. (ii) Bank credit memorandum for interest earned, $2,105. (iii) Bank debit memorandum for $300 NSF (not sufficient funds) check from a customer. (iv) Cash sales of $480 had been erroneously recorded in the cash account as $448. (v) A check paid for $1,250 was erroneously recorded by the bank in the bank statement as $1,350. (vi) Checks outstanding, $1,463. (vii) Deposits in transit not recorded by bank, $750. Required: Prepare the bank reconciliation for Clive Company as of September 30, 2021.

The books of VKS Company disclosed a cash in bank balance of P38,295 on December 31, 2021. Meanwhile, the bank statement as of December 31, showed a balance of P71,364. Additional information that might be useful in reconciling the two balances follows:·       A note collected by the bank was credited to the company’s account amounting to P180,000. No entry has been made yet in relation to the note.·       Supplier checks dated and released December 2021 amounting to P601,278 has not yet cleared the bank.·       Receipts of January 2022 totaling P199,000 was recorded by the company during December 2021.·       Deposits in transit as of December 31, 2021 amounted to P549,209.What is the adjusted ‘cash in bank’ balance as of December 31, 2021?

Shown below is the information needed to prepare a bank reconciliation for Alpha Communications at December 31, 2018:        At December 31, cash per bank statement was $16,200; cash per the company’s records was $17,225. Two debit memoranda accompanied the bank statement: services charges for December of $25, and a $775 check drawn by Jane Jones marked “NSF”. Cash receipts of $9,000 on December 31 were deposited at the bank by end of day but were not shown in the bank statement until January 4. The following checks had been issued (written) in December but were not included among the paid checks returned by the bank: check no. 410 for $8,000 and check no. 425 for $2,500. Included in the bank statement was a check withdrawn (written) for an amount of $5,300 (rent expense) that was erroneously recorded for $3,500 in Alpha's records. The bank statement shows a credit (memorandum) interest of $75.   Instructions   Prepare a bank reconciliation at December 31, 2018. Prepare the…

1) Prepare a bank reconciliation dated December 31, 2020, for Welcome Inc. based on the following information. Balance per bank statement is $21,200.68. Balance per books is $20,559.40. The December bank statement indicated a service charge of $35. Cheque #1169 for $410.50 and cheque #1183 for $2,150.00 were not returned with the bank statement. The bank had not received a deposit in transit of $3,443.22 when the bank statement was generated. A bank debit memo indicated an NSF cheque written by Bill Broke to Welcome Inc. on December 11, 2020, for $169. A bank credit memo indicated a bank collection of $1,700 and interest revenue of $28 on December 15, 2020.