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Vish Ltd. reported a cash balance of $41,000 in the general ledger, but the bank...

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Accounting

Vish Ltd. reported a cash balance of $41,000 in the general ledger, but the bank statement reported a balance of $31,400 at the end of September 20X9. You have ascertained that the bank cashed a cheque on this account, in the amount of $6,500, which was actually issued by Mish Ltd.; this was an error made by the bank. There was also an outstanding deposit of $5,900, an amount that was deposited by Vish at the end of September after the bank cut-off. Outstanding cheques were $3,000, and there was an error made by Vishs bookkeeper, who recorded a cheque to a supplier at $1,700 when it was really $2,600. Bank fees of $900 have not yet been recorded by Vish, and neither was a direct deposit of $1,600 by a customer, who paid Vish directly to Vishs bank account.

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Required: Prepare a bank reconciliation as of the end of September 20X9. Additions Deductions Balance per bank Adjusted balance 0 Additions Deductions Adjusted balance 0

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