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Unformatted text preview: Bank reconciliation http://www.perdisco.com/elms/qsam/html/qsam.aspx 1 of 9 17/05/2008 10:21 PM Navigation map Additional information To answer this question you may need the following information: Background information Bank reconciliation statement from last month New bank statement Transactions list Original information The information in the above links comes from the 'Overview' and 'Further information' pages at the beginning of the practice set. If you did not print them out, and you would like to refer to them, you may review them below: Overview Further information Bank reconciliation [feedback page] This is a feedback page. Please review this page carefully because later pages in this practice set may build on the feedback provided here. When you are ready, click continue . Saving your position. If you want to save this practice set where you are up to and come back to it at a later time, click the bookmark button on this page to save your position and be returned to your home page. To re-enter the practice set at this page at a later time, simply click the link that you originally clicked to access this practice set. Instructions for bank reconciliation Identify any reconciling items and record the relevant reconciling items in the appropriate journals. The following are to be posted to ledger accounts daily: All entries affecting subsidiary ledgers All entries in the Other Accounts column of the cash receipts and cash payments journals Total the Cash at Bank columns in the special journals. Record the total in the bottom line of each journal. Post the total of the Cash at Bank columns in the special journals to their corresponding ledger account. To confirm that the posting has been performed, a posting reference is recorded in the last row of the special journals. Prepare the bank reconciliation statement as at 30 June. Please note that any answers from previous pages carried through onto this page (either on the page or in a popup information page) are the correct answers, not your particular answers. All answers can be entered as positive or negative numbers as required. Remember to enter all answers to the nearest whole dollar . Additional instructions Displaying selected journals and ledgers: Not all journals and ledgers will be displayed on every page. On this page you can access all journals and ledgers necessary to answer this question. There are several tabs representing different views of the journal and ledgers. The active tab by default is Show All, but you may also select to view just the special journals, the general journal, just the subsidiary ledgers or the general ledger accounts by selecting the appropriate tab. If you fill in any journal or ledger accounts and change the view on this page by selecting a different tab, the information that you have entered will remain in that journal or ledger and be displayed whenever you can see that journal or ledger....
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- Three '09