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LITTLE'S FLORAL LTD. BANK RECONCILIATION STATEMENT The bank statement of Little's Floral Ltd. shows a...

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Accounting

LITTLE'S FLORAL LTD. BANK RECONCILIATION STATEMENT The bank statement of Little's Floral Ltd. shows a final balance of 8,966 as of october 31, 2017. The present balance of the cash account in the ledger is 8,030.50. The accountant took the following steps: 1) Verified that canceled checks were recorded correctly on the bank statement. 2) Discovered that a deposit of 1,003 made on Oct 31, 2017 was not recorded on the bank statement. 3) Noted outstanding checks: no. 1916, 461; no. 2022, 119; no. 2023, 827; no. 2024, 67, 4) Found that check no. 2001 for 523 payable to Davis, Inc., on account, was recorded in the journal as 532. (The correct amount is 523) 5) Noted that a credit memo for a note collected by the bank from Lee and Brock, 600 principal plus 6 interest, was not recorded in the journal. 6) Noted that a debit memo for a collection charge and service charge of 5.50 was not recorded in the journal. 7) Noted that a debit memo for an NSF check for 125 from M.D. Scott was not recorded. 8) Noted that a 20 personal withdrawal by Roberta Little, the owner, using an ATM, was not recorded. Required: Prepare Bank Reconciliation Statement for Little's Flora Ltd. as on 31st October 2017.

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