Answer:
Balance at Bank as per the Cash Book $21,250
<u>Add Unpresented Checks :</u>
Outstanding checks $2,231
<u>Less Lodgements not yet credited :</u>
Cash Receipts - Night Depository ($3,801)
Balance as per Bank Satement $20,400
Explanation:
First bring the Cash book up to date :
Cash Book Bank Balanace
Debits :
Bank Balance as of June 30 $21,268
Error - Overstated Check $9
Totals 21,277
Interest earned $31
Credits :
Bank service charges $27
Balance (Up to Date) $21,250
Totals $21,277
Then, Prepare the Bank Reconciliation Statement :
Balance at Bank as per the Cash Book $21,250
Add Unpresented Checks :
Outstanding checks $2,231
Less Lodgements not yet credited :
Cash Receipts - Night Depository ($3,801)
Balance as per Bank Satement $20,400
