Preparation of Bank Reconciliation when there is Bank Overdraft

Case 1: Cheques had been issued but not sent for collection= N8750 CB         PB -9000  – 9000 -8750 ______ _____ -17750       -9000 ⇒   Case 2: Cheques deposited with the bank but not yet collected 10500 CB         PB -12000 – 12000 +10500   +10500…

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