Accounting – 3.3 Bank reconciliation | e-Consult
3.3 Bank reconciliation (1 questions)
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Answer 3
Green Grocers
Bank Reconciliation Statement
As at 31 December 2023
| Balance per Bank Statement: £5,200 |
| Add: Deposit credited by bank: £150 |
| Less: Bank charge: £10 |
| Less: Unpresented cheque: £250 |
| Adjusted Bank Balance: £5,190 |
Explanation of Items:
- Deposit credited by bank: This is a credit item that increases the bank balance.
- Bank charge: This is a debit item that decreases the bank balance.
- Unpresented cheque: This is a debit item that decreases the bank balance.