e cash account for Feldman Company contains the following in

e cash account for Feldman Company contains the following information for Apri Cash balance, 3/31 Cash received during April $14,685 53,380 $68,065 Cash disbursements during April: Cheque 7164 Cheque 7165 Cheque 7166 Cheque 7167 $33,500 11,250 18,750 900 64,400 $3,665 Bank balance, 4/30 The bank statement for April contains the following information: Bank balance, 3/31 Add: Deposits during April $27,585 53,380 $80,965 Less: Cheques paid during April Cheque 7162 Cheque 7163 Cheque 7164 Cheque 7165 $8,700 4,200 33,500 11,250 57650 Bank balance, 4/30 $23,315

Solution

2. Reconciliation of the bank and cash account balances at April 30 should be prepared as follows:

4. Reconciliation of the bank and cash account balances at March 31 should be prepared as follows:

Feldman company
Bank Reconciliation
30-Apr
Particulars	Amount$	Amount$
Cash balance from bank statement		$        23,315
Less:
Outstanding Cheque 7166	$        18,750
Outstanding Cheque 7167	$              900	$        19,650
Adjusted Cash balance		$          3,665
Cash balance from company records		$          3,665