Question 6 (7 marks) Using the following information, prepare a bank reconciliation for Biron Bay...
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Accounting
Question 6 (7 marks)
Using the following information, prepare a bank reconciliation for Biron Bay Ltd as at 31 May.
a. The bank statement balance is $18,200.
b. The cash account balance is $14824.
c. Outstanding cheques totalled $3200.
d. Deposits in transit are $600.
e. The bank service charge is $24.
f. Collection of notes by bank, $800.
Answer:
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