BRS: Practice Problem: XYZ Company's cash books show cash balance at Supreme Bank on September 30, 2021 is Tk 20,502 but

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Brs Practice Problem Xyz Company S Cash Books Show Cash Balance At Supreme Bank On September 30 2021 Is Tk 20 502 But 1 (45.53 KiB) Viewed 33 times

BRS: Practice Problem: XYZ Company's cash books show cash balance at Supreme Bank on September 30, 2021 is Tk 20,502 but the bank statement shows an ending balance Tk. 22,190 on the same date. An examination of XYZ's accounting records and September bank statement identified the following reconciling items: A deposit of Tk. 3,680 was mailed on September 30 but does not appear on the bank statement. . Cheques written in September but not charged to bank statement are: Check # 7327 Tk. 150 Bod #7348 Tk. 4,820 # 7349 Tk. 31 XYZ company has not yet recorded the Tk. 600 of interest collected by the bank September 20 on a govt. bond held by the bank for XYZ Bank service charges of Tk. 18 are not yet recorded on XYZ's book. . One of XYZ's customer's cheques for Tk. 220 was returned with the bank statement with marked NSF. The bank treated this bad cheque as a disbursement. . XYZ discovered that check # 7322, written in September for Tk. 131 in payment of an account payable, had been incorrectly recorded in their books as Tk. 311. A cheque of ABC company for the amount of Tk. 175 that had been incorrectly charged to XYZ Company accompanied the bank statement. Requirement: Prepare a bank reconciliation statement for XYZ Company on September 30, 2021 and record necessary journals in XYZ book. you 110