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Jonas is preparing his bank reconciliation. The balance on the bank statement is $653 debit. There are uncleared lodgements of $268 and unpresented cheques of $613. The bank has also credited his account with $25 in error.
Sir is it correct that the cash book balance would be $1023 Cr. i’m not sure since it says that the bank has credited his account with $25 in error. does that mean that $25*2=100Dr?
How on earth can 25*2 = 100????
You must watch the free lectures – I am not going to type them all out here.
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