Professional Documents
Culture Documents
000 000 The company's cash records on the same date show a balance of Rp 180 000 000.
Following additional information is available:
1. Following checks issued by the company to its customers are still outstanding:
2. A deposit of Rp 4750 000 made on Dec 31 does not appear on bank statement.
3. An NSF check of Rp 9750 000 was returned by the bank with the bank statement.
4. The bank charged Rp 3500 000 as service fee.
5. Interest income earned on the company's average cash balance at bank was Rp 20000000
6. The bank collected a note receivable on behalf of the company. Amount received by the
bank on the note was Rp 6500 000. This includes Rp 5000 000 interest income. The bank
charged a collection fee of $1500 000.
7. A deposit of Rp 9000 000 was incorrectly entered as Rp 4750 000 in the company's cash
records.
Solution:
Pennsylvania company
Bank Reconciliation
December 31, 2015