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The Bank Statement Balance is $10,000. The Book Balance is $12,000. The is a Deposit in...

The Bank Statement Balance is $10,000. The Book Balance is $12,000. The is a Deposit in Transit of $2000. There is an Outstanding Check of $1000. There is an NSF Check from a customer of $1000. Based on this data, complete a bank reconciliation

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Expert Solution

Particulars Amount ($)
Balance per Bank                          10,000
Add : Deposit in transit                            2,000
Less : Outstanding check                            1,000
Add : NSF Check from a customer                            1,000
Balance per Books                          12,000

ekkarill92 answered 1 year ago
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