FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2

QUARTER 2: MODULE 3

BANK RECONCILIATION STATEMENTS

JENNY MAE D. OTTO GRADE 12 ABM-YEN

Activity 3.3 Prepare Me

ABC COMPANY

BANK RECONCILIATION

AUGUST 31, 2014

Cash balance per bank statement Php 3, 490

Add: Deposit in Transit 1, 450

Subtotal 4, 940

Less: Outstanding checks (3, 221)

Adjusted cash balance per bank Php 1, 719

Cash balance per books Php 967

Add: Interest earned 8

Notes receivable collected less fees 960

Errors in company’s Cash account 9

Subtotal 1, 944

Less: Bank Service charges (35)

NSF checks and fees (110)

Check printing charges (80)

Adjusted cash balance per books Php 1, 719