Accounting – 3.3 Bank reconciliation | e-Consult
3.3 Bank reconciliation (1 questions)
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Answer 2
Updated Cash Book Extract - Green Ltd
| Date | Particulars | Debit (£) | Credit (£) |
December 1st (Balance):
| Date | Particulars | Debit (£) | Credit (£) |
Balance £4,800
December Transactions:
- Bank Charges: £20 (Debit)
- Bank Interest Received: £5 (Credit)
- Correction of Error: £20 (Credit)
- Credit Transfer from Blue Co.: £75 (Credit)
- Direct Debit: £40 (Debit)
- Dividends Received: £60 (Credit)
- Standing Order Payment: £20 (Debit)
Updated Balance:
| Date | Particulars | Debit (£) | Credit (£) |
Balance £4,800 + £20 - £5 + £20 + £75 - £40 + £60 - £20 = £5,815