10. Maricel Aguilar received her bank statement for February 28, which showed a balance of ₱19,713.60. Her checkbook balance on the same date was ₱19,393.60. Upon examining her bank statement and cancelled checks, she discovered the following: She failed to record check #368 for ₱1,625.60 on her stub. Two checks #240 for ₱5,208 and #272 for ₱1,953.60 were still outstanding. A service fee of ₱80 charge by the bank was found in the bank statement but not on the check stub. Check #336 which she wrote for ₱2,320 was recorded on the check stub as ₱2,464. A deposit made on February 22 for ₱1,920 was also not recorded on the stub. A deposit on February 28 for ₱7,200 was too late to be included in the bank statement. Prepare a reconciliation statement.
10. Maricel Aguilar received her bank statement for February 28, which showed a balance of ₱19,713.60. Her checkbook balance on the same date was ₱19,393.60. Upon examining her bank statement and cancelled checks, she discovered the following:
She failed to record check #368 for ₱1,625.60 on her stub.
Two checks #240 for ₱5,208 and #272 for ₱1,953.60 were still outstanding.
A service fee of ₱80 charge by the bank was found in the bank statement but not on the check stub.
Check #336 which she wrote for ₱2,320 was recorded on the check stub as ₱2,464.
A deposit made on February 22 for ₱1,920 was also not recorded on the stub.
A deposit on February 28 for ₱7,200 was too late to be included in the bank statement.
Prepare a
Step by step
Solved in 2 steps
