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Make a bank reconciliation statements for the month

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Question - You are working as an Accountant and Bookkeeper for DigiMax Limited and at the end of the month of 31st October 2018 you noticed that the balances as per cash book is not equal to the balance as per bank statement. The cash book is showing a debit balance of £ 50,000 whereas the bank statement is showing a credit balance of £ 45,400

You have investigated and have extracted the following information:

i) Cheque deposited into bank for £ 15,000 against the receipt from Alpha Limited has not yet credited by the bank.

ii) Prime Limted has not yet presented a cheque issued for £ 10,000, the cheque was issued on 28th October 2018.

iii) Interest credited by the bank but not yet recorded in the cash book £ 500.

iv) Bank charges debited in the bank statement but not recorded in the cash book amounts to £ 100.

Required - How to make a bank reconciliation statements for the month of October 2018?

Reference no: EM132962099

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