On April 30 of the current year, Clean Carpets received a bank statement dated April 29. Information has been obtained from the bank statement and from the records of the business. Prepare a bank statement reconciliation. Use Apr. 30 of the current year as the date.

Balance as per Checkbook balance is $2,091.15.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

On April 30 of the current year, Clean Carpets received a bank statement dated April 29. The following information is obtained from the bank statement and from the records of the business.

Bank statement balance $1,812.00

Bank service charge 25.00

Outstanding deposit, April 29 805.10

Outstanding checks:

No. 475 325.95

No. 476 200.00

Checkbook balance on Check Stub No. 477 2,116.15

Prepare a bank statement reconciliation. Use April 30 of the current year as the date.

The required bank statement is now prepared as follows:

To do this, the statement of adjusted Checkbook balance is first prepared as follows:

Clean Carpets

Statement of Adjusted Checkbook balance at April 30

Particulars                                                                Amount ($)      

Checkbook balance on Check Stub No. 477          2,116.15

Less:

Bank service charge                                                   (25.00)  

Balance as per Checkbook balance                      2,091.15  

Therefore, the bank statement reconciliation is now prepared as follows:

Clean Carpets

Bank Statement Reconciliation at April 30

Particulars                                                            Amount ($)        Total ($)  

Balance as per Checkbook balance                                              2,091.15

Add:

Outstanding checks:

           No. 475                                                         325.95

           No. 476                                                         200.00            525.95

Less:

Outstanding deposit, April 29                                                         (805.10)  

Balance as per bank statement                                                    1,812.00