Bank Reconciliation Statement

Running head: BANK RECONCILIATION STATEMENT
Bank Reconciliation Statement
Name of the Student:
Name of the University:
Authors Note:

BANK RECONCILIATION STATEMENT
1
Contents
Recording entries:............................................................................................................................2
Bank Reconciliation Statement:....................................................................................................10

BANK RECONCILIATION STATEMENT
2
Recording entries:
Journal entries
Date Account titles Debit ($) Credit
($)
Aug-01 Bank 10,000.00
Partner's capital
10,000.00
(Being capital introduced by a partner in the business)
Petty cash 50.00
Bank
50.00
(Being petty chas withdrawn)
Rent 3,900.00
GST 273.00
Bank
4,173.00
(Being rent including GST paid)

BANK RECONCILIATION STATEMENT
3
The North 10,000.00
Bank
10,000.00
(Being a cheque issued to North)
Aug-05 Cash 77.04
Sales
72.00
GST 5.04
(Being sales made)
Membership fees 320.00
GST 22.40
Cash
342.40
(Being annual membership fees paid)
Aug-06 Cash 80.00
Accounts receivable 262.40
Membership