Answer:
Explanation:
gate City bank reconciliation statement as at December 31, 2018
Balance as per cash book                 2400      Â
Direct payment to the bank (loan) Â Â Â Â 520 Â Â Â Â Â Â
Less bank charges                  (30)           Â
Add bank interest                    20
Adjustment                                510
Adjusted cash book balance                  2910
Balance as per bank statement               3,810
Less outstanding check               (1300)
Add deposit in transit                  400
Adjustment                                (900)
Adjusted bank statement balance              2,910  Â