Sassy Company

Bank Reconciliation Statement

June 2020

Balance per Book, June 30 1,000,000.00

Credit Memo
Note collected 300,000.00
Debit Memo
NSF check 100,000.00
Service Charge 4,000.00 (104,000.00)
Adjusted cash balance 1,196,000.00

Balance per bank, June 30 1,650,000.00

Deposit in transit* 400,000.00
Outstanding Checks** (854,000.00)
Adjusted cash balance 1,196,000.00

Sassy Company
Bank Reconciliation Statement
July 2020
Balance per Book, July 31 1,400,000.00
Credit Memo
Proceeds from bank loan 500,000.00
Debit Memo
Service Charge (1,000.00)
Adjusted cash balance 1,899,000.00

Balance per bank, July 31 2,650,000.00

Deposit in transit* 1,100,000.00
Outstanding Checks** (1,851,000.00)
Adjusted cash balance 1,899,000.00

*Deposit in transit
DIT, beginning 400,000.00
Deposits made by the company
Book debits 4,000,000.00
Less: June CM (300,000.00) 3,700,000.00
Total deposits to be acknowledge by the bank 4,100,000.00
Less: Deposits credited by the bank
Bank credits 3,500,000.00
 Less: July CM (500,000.00) (3,000,000.00)
DIT, End 1,100,000.00

**Outstanding Checks
OC, Beginning 854,000.00
Add: Checks issued by the company
Book credits 3,600,000.00
Less: June DM (104,000.00) 3,496,000.00
Total checks to be paid by the bank 4,350,000.00
Less: Checks paid by the bank
Bank Debits 2,500,000.00
Less: July DM (1,000.00) (2,499,000.00)
OC, End 1,851,000.00
Beehive Company
Bank Reconciliation Statement
October 31, 2020

Balance per book, October 31 600,000.00

Balance per bank, October 31 400,000.00

Deposit in transit 300,000.00
Outstanding checks^ (100,000.00)
Adjusted cash balance, October 31 600,000.00

^Outstanding checks
OC, Beg 100,000.00
Add: Checks issued by the company
Book credits 1,800,000.00
Underrecording of payment 270,000.00 2,070,000.00
Total checks to be paid by the bank 2,170,000.00
Less: Checks paid by the bank
Bank debits 1,970,000.00
Erroneous bank charge (200,000.00) (1,770,000.00)
OC, End 400,000.00

Beehive Company
Bank Reconciliation Statement
November 30, 2020

Balance per book, November 30 1,000,000.00

Credit Memo -
Debit Memo -
Book error:
Underrecording of collection 90,000.00
Underrecording of payment (270,000.00)
Adjusted cash balance 820,000.00

Balance per bank, November 30 930,000.00

Deposit in transit* 190,000.00
Outstanding checks (400,000.00)
Bank errors:
Erroneous bank credit (100,000.00)
 Erroneous bank charge 200,000.00
Adjusted cash balance 820,000.00

*Deposit in transit, End

DIT, beginning 300,000.00
Add: Deposits made by the company
Book debits 2,200,000.00
Underrecording of collection 90,000.00 2,290,000.00
Total deposits to be acknowledge by bank 2,590,000.00
Less: Deposits credited by the bank
Bank credits 2,500,000.00
Erroneous bank credits (100,000.00) (2,400,000.00)
DIT, End 190,000.00
Fabulous Company
Bank Reconciliation Statement
July 1, 2020
*Deposit in transit
Balance per book, July 1 1,270,000.00 DIT, Beg
Deposits made by the company
Total deposits to be acknowledg
Balance per bank, July 1 1,720,000.00 Deposits credited by the bank
Deposit in transit* 500,000.00 DiT, End
Outstanding checks (950,000.00)
Adjusted cash balance, July 1 1,270,000.00
**Outstanding checks
OC, Beg
Checks issued by the company
Total checks to be paid by the b
Fabulous Company Less: Checks paid by the bank
Bank Reconciliation Statement OC, End
July 31, 2020

Balance per book, July 31 470,000.00

Credit memo
Note collected 1,500,000.00
Debit memo
Service charge (20,000.00)
Adjusted cash balance, July 31 1,950,000.00

Balance per bank, July 31 2,700,000.00

Deposit in transit 400,000.00
Outstanding checks (1,150,000.00)
Adjusted cash balance, July 31 1,950,000.00
Deposit in transit
500,000.00
eposits made by the company 3,400,000.00
tal deposits to be acknowledge by th 3,900,000.00
eposits credited by the bank (3,500,000.00)
400,000.00

Outstanding checks
950,000.00
ecks issued by the company 4,200,000.00
tal checks to be paid by the bank 5,150,000.00
ss: Checks paid by the bank (4,000,000.00)
1,150,000.00
Flamboyant Company
Bank Reconciliation Statement
November 30, 2020

Balance per book 500,000.00

Credit Memo
Debit Memo
Service Charge 10,000.00
NSF Check 50,000.00 (60,000.00)
Note not yet collected by bank (100,000.00)
Adjusted balance per book 340,000.00

Balance per bank 600,000.00

Deposit in transit 120,000.00
Outstanding checks (380,000.00)
Adjusted balance per bank 340,000.00

*Deposit in transit
DIT, Beg 45,000.00
Add: Deposits made by the company
Book debits 710,000.00
Unrcorded collections in O (45,000.00)
Note not yet collected (100,000.00) 565,000.00
Total deposits to be acknowledge by the bank 610,000.00
Less: Deposits credited by the bank
Bank credits 500,000.00
Prior month erroneous ban (10,000.00) (490,000.00)
DIT, End 120,000.00

**Outstanding checks
OC, Beg 125,000.00
Add: Checks paid by the company
Book credits 1,200,000.00
Prior month BSC (5,000.00) 1,195,000.00
Total checks to be paid by the bank 1,320,000.00
Less: Checks paid by the bank
Bank debits 1,000,000.00
Current month DM (60,000.00) (940,000.00)
OC, End 380,000.00
Efficient Company
Proof of Cash
For the month of April 2020

BOOK BEG RECEIPTS DISBURSEMENTS END

Balances 200,000.00 800,000.00 720,000.00 280,000.00
Note collected by bank
March 60,000.00 (60,000.00) -
April 100,000.00 100,000.00
Service Charge
March (8,000.00) (8,000.00) -
April 2,000.00 (2,000.00)
NSF Check
March (20,000.00) (20,000.00) -
April 30,000.00 (30,000.00)
Adjusted cash balance 232,000.00 840,000.00 724,000.00 348,000.00

BANK BEG RECEIPTS DISBURSEMENTS END

Balances 330,000.00 700,000.00 530,000.00 500,000.00
Deposit in transit
March 80,000.00 (80,000.00) -
April 220,000.00 220,000.00
Outstanding checks
March (178,000.00) (178,000.00) -
April 372,000.00 (372,000.00)
Adjusted cash balance 232,000.00 840,000.00 724,000.00 348,000.00
Bigotry Company
Proof of Cash
For the month of August 2020

BOOK BEG RECEIPTS DISBURSEMENTS

Balances 1,200,000.00 4,400,000.00 3,600,000.00
Note collected by bank
July 200,000.00 (200,000.00)
August 300,000.00
NSF Check
July (100,000.00) (100,000.00)
August 50,000.00
Book error
Underrecording of collection 180,000.00
Underrecording of payment 540,000.00
Adjusted cash balance 1,300,000.00 4,680,000.00 4,090,000.00

BANK BEG RECEIPTS DISBURSEMENTS

Balances 800,000.00 5,000,000.00 3,940,000.00
Deposit in transit
March 600,000.00 (600,000.00)
April 480,000.00
Outstanding checks
March (100,000.00) (100,000.00)
April 650,000.00
Bank error
Erroneous bank credit (200,000.00)
Erroneous bank charge (400,000.00)
Adjusted cash balance 1,300,000.00 4,680,000.00 4,090,000.00
 END
2,000,000.00

-
300,000.00

-
(50,000.00)

180,000.00
(540,000.00)
1,890,000.00

END
1,860,000.00

-
480,000.00

-
(650,000.00)

(200,000.00)
400,000.00
1,890,000.00
Bedlam Company
Proof of Cash
For the month of December 2020

BOOK BEG RECEIPTS DISBURSEMENTS

Balances 2,032,000.00 2,568,000.00 1,440,000.00
Note collected by bank
Nov
Dec
Service charge
Nov (2,000.00) (2,000.00)
Dec 4,000.00
Note not yet collected by bank
Nov (200,000.00) 200,000.00
Dec (300,000.00)
Adjusted cash balance 1,830,000.00 2,468,000.00 1,442,000.00

BANK BEG RECEIPTS DISBURSEMENTS

Balances 1,890,000.00 2,090,000.00 1,080,000.00
Deposit in transit
Nov 80,000.00 (80,000.00)
Dec 498,000.00
Outstanding checks
Nov (180,000.00) (180,000.00)
Dec 592,000.00
Erroneous bank charge
Nov 40,000.00 (40,000.00)
Dec (50,000.00)
Adjusted cash balance 1,830,000.00 2,468,000.00 1,442,000.00
 END
3,160,000.00

-
-

-
(4,000.00)

-
(300,000.00)
2,856,000.00

END
2,900,000.00

-
498,000.00

-
(592,000.00)

-
50,000.00
2,856,000.00
Jargon Company
Proof of Cash
For the month of October 2020

BOOK BEG RECEIPTS DISBURSEMENTS

Balances 1,900,000.00 1,400,000.00 2,400,000.00
Unrecorded collection
Sep 30,000.00 (30,000.00)
Oct 50,000.00
Overstatement of check payment
Sep 90,000.00 (90,000.00)
Oct (120,000.00)
NSF Check
Sep (60,000.00) (60,000.00)
Oct 40,000.00
Adjusted cash balance 1,960,000.00 1,330,000.00 2,260,000.00
1.00 1.00 1.00

BANK BEG RECEIPTS DISBURSEMENTS

Balances 2,100,000.00 1,200,000.00 2,500,000.00
Deposit in transit
Sep 130,000.00 (130,000.00)
Oct 260,000.00
Outstanding checks
Sep (270,000.00) (270,000.00)
Oct 30,000.00
Adjusted cash balance 1,960,000.00 1,330,000.00 2,260,000.00
1 1 1

Cash in Bank 50,000.00

Accounts Receivable 50,000.00

Cash in Bank 120,000.00

Salaries Expense/ Payable 120,000.00

Accounts Receivable 40,000.00

Cash in Bank 40,000.00
 1

END
900,000.00 1

- 1
50,000.00 1

- 1
120,000.00 1

- 1
(40,000.00) 1
1,030,000.00
1.00 4

END
800,000.00 1

- 1
260,000.00 1

- 1
(30,000.00) 1
1,030,000.00
1 4

1
24 points
Balance per book, November 30 500,000.00
Note not yet collected (100,000.00)
Debit memos
Service charge 10,000.00
NSF Check 50,000.00 (60,000.00)
Adjusted balance per book, Nov. 30 340,000.00

Balance per bank, November 30 600,000.00

Deposit in Transit, Nov 120,000.00
Outstanding Checks, Nov (380,000.00)
Adjusted balance per bank, Nov. 30 340,000.00

DIT end:
DIT, Beg 45,000.00
Add: Deposits made by the company
Book debits 710,000.00
Unrecorded collections (45,000.00)
Note not yet collected (100,000.00) 565,000.00
Total deposits to be acknowledge by the bank 610,000.00
Less: Deposits credited by bank
Bank credits 500,000.00
Correction of prior month EBC (10,000.00) (490,000.00)
DIT, End 120,000.00

OC, End:
OC, Beginning 125,000.00
Add: Checks issued by the company
Book credits 1,200,000.00
Less: Oct Service charge (5,000.00) 1,195,000.00
Total checks to be paid by the bank 1,320,000.00
Less: Checks paid by the bank
Bank debits 1,000,000.00
Less: Nov Debit memos (60,000.00) (940,000.00)
OC, End 380,000.00