I have been in this problem for 3 hours >.>
balance per book OCT31 600,000
receipts per book for NOVEMBER (collection from customer, 100,000 recorded as 10,000) 2,200,000
disbursements per book for NOVEMBER (check for 300,000 in payment of account recorded as 30,000) 1,800,000
balance per bank statement NOVEMBER30 930,000
deposit in transit OCTOBER30 300,000
outstanding checks NOVEMBER30 400,000
bank receipt for NOVEMBER including an erroneous credit of 100,000 which should have been credited to Beeline 2,500,000
bank disbursement for NOVEMBER including an check of 200,000 toBeeline 1,970,000
need a two date bank reconciliation
and adjusting entries for november 30 if any
anyone can help? pls!
balance per book OCT31 600,000
receipts per book for NOVEMBER (collection from customer, 100,000 recorded as 10,000) 2,200,000
disbursements per book for NOVEMBER (check for 300,000 in payment of account recorded as 30,000) 1,800,000
balance per bank statement NOVEMBER30 930,000
deposit in transit OCTOBER30 300,000
outstanding checks NOVEMBER30 400,000
bank receipt for NOVEMBER including an erroneous credit of 100,000 which should have been credited to Beeline 2,500,000
bank disbursement for NOVEMBER including an check of 200,000 toBeeline 1,970,000
need a two date bank reconciliation
and adjusting entries for november 30 if any
anyone can help? pls!