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Prepare the bank reconciliation statement

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Reference no: EM132494436

Point 1: The bank ledger account of FinTech Limited shows an opening credit balance for the month of June of $399. The day books for the month show receipts of $3,845 and payments of $5,672. There is also a bank charge of $35, and Not Sufficient Fund of $50 that has not been recorded on the day books. The day books include $1,848 of cheques written but not yet presented and $967 of deposits banked but not cleared. The bank statement shows an overdraft of $1,430.

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Question 1: Prepare the bank reconciliation statement.

Reference no: EM132494436

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