Friday, 19 August 2011

illustration of a bank reconcilliation




The july bank statment sent by the bank to Packview companny was illustrated . This statment shows a balance of a cash on deposit at july 31 of $50,000.17. Assume that on july 31, parkview's ledger shows a bank balance of $4,262.83 . The employee preparing the bank reconcilliation has identifed the follwing reconcilliation items.