QUESTION 1 — Basic Bank Reconciliation
Given Data
On March 31, 2026, ABC Company has:
Balance as per Cash Book: $12,500
Balance as per Bank Statement: $14,000
Cheques issued but not yet presented: $3,000
Cheques deposited but not yet credited by the bank: $2,000
Bank charges not recorded in Cash Book: $250
Interest credited by the bank but not recorded in Cash Book: $750
Required:
Prepare the Bank Reconciliation Statement as at March 31, 2026.
QUESTION 2 — Intermediate Bank
Reconciliation
Given Data
On June 30, 2026, XYZ Services has:
Balance as per Cash Book: $25,000
Balance as per Bank Statement: $27,500
Cheques issued but not yet presented: $4,500
Deposit in transit: $3,000
Bank service charges: $300
Interest income credited by bank: $500
Customer cheque dishonoured by bank: $1,200
The Cash Book recorded a cheque for $2,100 as $1,600.
Required:
Bank Reconciliation Statement
Given Data
On March 31, 2026, ABC Company has:
Balance as per Cash Book: $12,500
Balance as per Bank Statement: $14,000
Cheques issued but not yet presented: $3,000
Cheques deposited but not yet credited by the bank: $2,000
Bank charges not recorded in Cash Book: $250
Interest credited by the bank but not recorded in Cash Book: $750
Required:
Prepare the Bank Reconciliation Statement as at March 31, 2026.
QUESTION 2 — Intermediate Bank
Reconciliation
Given Data
On June 30, 2026, XYZ Services has:
Balance as per Cash Book: $25,000
Balance as per Bank Statement: $27,500
Cheques issued but not yet presented: $4,500
Deposit in transit: $3,000
Bank service charges: $300
Interest income credited by bank: $500
Customer cheque dishonoured by bank: $1,200
The Cash Book recorded a cheque for $2,100 as $1,600.
Required:
Bank Reconciliation Statement
