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April has received a copy of her bank statement for 31 March 20X3 and has asked you to complete the
bank reconciliation. The balance on the bank statement shows that she is overdrawn by £362.49 (DR).
The cash book shows a debit balance of £40.78 as at 31 March 20X3.
You discover the following information:
April made an internet payment for a new tablet which cost £129.99 which she has processed
through her cash book, but the supplier has not yet taken the payment.
• April deposited two cash sales into her bank account totalling £742.50 which she has posted
through her cash book but the receipt has not yet been received by her bank.
• April has received a repayment of VAT directly into her bank account for £359.24 but this amount
hasn't been processed through her cash book.
The annual overdraft arrangement fee of £150 is shown on the bank statement.
You are required to produce a bank reconciliation statement for April as at 31 March 20X3.
Show any overdrafts as negative figures. All other figures should be positive.
Enter your answers to two decimal places.
Bank Reconciliation Statement
£
CD 40