Cash at bank as per bank column of the cash book (Dr) Bankings made but not yet entered on bank statement Bank charges on bank statement but not yet in cash book Unpresented cheques W Shute Standing order to Giffy Ltd entered on bank statement, but not in cash book Credit transfer from B Barnes entered on bank statement, but not yet in cash book £ 2,740 410 32 131 93 201 30.3 The following are extracts from the cash book and the bank statement of F Perry. You are required to: (a) Write the cash book up to date, and state the new balance as on 31 December 20X9, and (b) Draw up a bank reconciliation statement as on 31 December 20X9. Fash Book
Cash at bank as per bank column of the cash book (Dr) Bankings made but not yet entered on bank statement Bank charges on bank statement but not yet in cash book Unpresented cheques W Shute Standing order to Giffy Ltd entered on bank statement, but not in cash book Credit transfer from B Barnes entered on bank statement, but not yet in cash book £ 2,740 410 32 131 93 201 30.3 The following are extracts from the cash book and the bank statement of F Perry. You are required to: (a) Write the cash book up to date, and state the new balance as on 31 December 20X9, and (b) Draw up a bank reconciliation statement as on 31 December 20X9. Fash Book
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Part 4. Adjustments for financial statements
360
Cash at bank as per bank column of the cash book (Dr)
Bankings made but not yet entered on bank statement
Bank charges on bank statement but not yet in cash book
Unpresented cheques W Shute
Standing order to Giffy Ltd entered on bank statement, but not in cash book
Credit transfer from B Barnes entered on bank statement, but not yet in cash book
30.3 The following are extracts from the cash book and the bank statement of F Perry.
You are required to:
(a) Write the cash book up to date, and state the new balance as on 31 December 20X9, and
(6) Draw up a bank reconciliation statement as on 31 December 20X9.
Cash Book
£
20X9
Dec
20X9
Dec
20X7
Jun
20X7
Jun
**
"1
"
**
Dr
1 Balance b/d
7 F Lamb
G Brack
"
22
31 W Terry
31 S Miller
1 Balance b/d
7 Cheque
11
20
22
31
31 Bank charges
B Young
F Gray
Cheque
Credit transfer: T Morris
Dr
1 Balance b/d
7 J May
16
28
30
T Wilson
F Slack
G Baker
3,419
101
1 Balance b/d
7 Cheque
8 F Lane
16 Cheque
17 J Rebus
18 T Silver
28 Cheque
29 SLM standing order
30 Flynn: trader's credit
30 Bank charges
20X9
Dec
"
44
319
246
4,129
Bank Statement
47
30.4A The bank columns in the cash book for June 20X7 and the bank statement for that month
for D Hogan are as follows:
Cash Book
£
1,410
62
75
20X7
Jun
Cr
8 B Young
15
F Gray
28
T Errant
31 Balance c/d
224
582
2.353
Bank Statement
Dr
£
462
21
Cr
5 L Holmes
12 J Rebus
16 T Silver
29 Blister Disco
30 Balance c/d
Dr
£
180
519
41
52
Cr
£
43
101
44
93
Cr
£
62
75
£
2,740
410
32
131
93
201
224
64
£
462
21
209
3,437
4,129
Balance
£
3,419
3,520
3,058
3,037
3,081
3,174
3,127
£
180
519
41
22
1,591
2.353
Balance
£
1,410
1,472
1,292
1,367
848
807
1,031
979
1,043
1,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F078ad920-96dd-4351-89de-363df2314741%2F0c55babb-adc3-43df-8ec6-81c7efae9715%2Fyna6f6x_processed.png&w=3840&q=75)
Transcribed Image Text:Part 4. Adjustments for financial statements
360
Cash at bank as per bank column of the cash book (Dr)
Bankings made but not yet entered on bank statement
Bank charges on bank statement but not yet in cash book
Unpresented cheques W Shute
Standing order to Giffy Ltd entered on bank statement, but not in cash book
Credit transfer from B Barnes entered on bank statement, but not yet in cash book
30.3 The following are extracts from the cash book and the bank statement of F Perry.
You are required to:
(a) Write the cash book up to date, and state the new balance as on 31 December 20X9, and
(6) Draw up a bank reconciliation statement as on 31 December 20X9.
Cash Book
£
20X9
Dec
20X9
Dec
20X7
Jun
20X7
Jun
**
"1
"
**
Dr
1 Balance b/d
7 F Lamb
G Brack
"
22
31 W Terry
31 S Miller
1 Balance b/d
7 Cheque
11
20
22
31
31 Bank charges
B Young
F Gray
Cheque
Credit transfer: T Morris
Dr
1 Balance b/d
7 J May
16
28
30
T Wilson
F Slack
G Baker
3,419
101
1 Balance b/d
7 Cheque
8 F Lane
16 Cheque
17 J Rebus
18 T Silver
28 Cheque
29 SLM standing order
30 Flynn: trader's credit
30 Bank charges
20X9
Dec
"
44
319
246
4,129
Bank Statement
47
30.4A The bank columns in the cash book for June 20X7 and the bank statement for that month
for D Hogan are as follows:
Cash Book
£
1,410
62
75
20X7
Jun
Cr
8 B Young
15
F Gray
28
T Errant
31 Balance c/d
224
582
2.353
Bank Statement
Dr
£
462
21
Cr
5 L Holmes
12 J Rebus
16 T Silver
29 Blister Disco
30 Balance c/d
Dr
£
180
519
41
52
Cr
£
43
101
44
93
Cr
£
62
75
£
2,740
410
32
131
93
201
224
64
£
462
21
209
3,437
4,129
Balance
£
3,419
3,520
3,058
3,037
3,081
3,174
3,127
£
180
519
41
22
1,591
2.353
Balance
£
1,410
1,472
1,292
1,367
848
807
1,031
979
1,043
1,000
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