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Balance per bank $1,882 Balance per companies books $932 Bank service charge $62 Deposits in transit $216 Outstanding cheques $1,228 Prepare bank reconciliation for the CDB Company.
Unadjusted Balance per Bank 1,882
+ Deposit in Transit 216
- Outstanding Cheques (1228)
= Adjusted Bank Balance 870
Unadjusted Balance per Books 932
- Bank Service Charge (62)
Adjusted Balance per Books 870
Company's books Bank
Closing balance
Less Service Charge
Less
Deposit amount added in
Books of account but not
not recorded with bank
____________
Add
Amount deducted from
books but not recorded
in bank
___________ __________
==================
Balance per companies books $932
Bank service charge - $62
Balance $870
Balance per bank $1,882
Deposits in transit +$216 Outstanding cheques ($1,228) Balance $870
