Please answer all the following questions as appear in the pictures, below:1- Cash Receipts and Cash Payments2- Bank Ledger Account July3- Bank Reconciliation StatementThanks! Here is the following information given for Amazon Traders account.The reconciliation on June 30 showed that the Bank Ledger Account had a credit balance(overdraft/owing) of $3,182.90.The Bank Statement had reconciled to the Bank Ledger Account after allowing for:An outstanding deposit $733.10and●• Unpresented cheque #324856 for $934.02July Cash Receipt and Payments:Extract Cash Receipts Book of AmazonTraders02/0707/0711/0711/0712/0721/0730/07BMS Bank Statement for the month of JulyDateParticularsBrought forward01/07 Cheque #324875The BMS BankBank Statement for Amazon TradersDebitCreditCash/cheques deposit02/07 Cash/cheques deposit05/07 Cheque #32485607/07 Cash/cheques deposit11/07 Cash/cheques deposit12/07 Cheque #324877Cash/cheques deposit$ 1,446.52 01/073,486.72 04/01,538.90 08/07436.84 12/072,360.20 15/071,039.30 20/07846.76 28/0715/07 Cheque book fee17/07 Cheque #32487918/07 Cash/cheques deposit21/07 Cheque #32487824/07 L. Mami cheque dishonourDishonour fee25/07 Cheque # 32487626/07 Cash/cheques deposit31/07| Cheque #324880$ 1,526.16934.022,404.3850.001,296.98Extract Cash Payments Book of AmazonTraders1,702.86551.5615.00905.70561.40$ 733.101,446.523,486.721,538.90#324875#324876#324877#324878#324879#324880#324881436.842,360.201,039.30Balance$ 2,981.98 Dr4,508.14 Dr3,775.04 Dr2,328.52 Dr3,262.54 Dr224.18 Cr1,763.08 Cr641.30 Dr204.46 Dr254.46 Dr1,551.44 Dr808.76 Cr894.10 Dr1,445.66 Dr1,460.66 Dr2,366.36 Dr1,327.06 Dr1,888.46 Dr$1,526.16905.702,404.381,702.861,296.98561.401,958.30 Cash ReceiptsCash PaymentsDate Details Amount $ Date Details Amount $TotalBank Ledger Account July — (you must specify if Balance is DR or CR)Bank 100Date Details1/7 Balance b/d31/731/7ReceiptsPaymentsTotalAnswer:DebitWrite the Bank Balance amount: $Task 4Prepare Bank reconciliation statement.Bank Reconciliation Statement as of July 31Debit balance as per Bank StatementAdd: Unpresented ChequesSub-totalLess: Outstanding DepositsCreditCredit Balance per the Bank Ledger AccountBalanceCheque No.

Answered: Please answer all the following…

Please answer all the following questions as appear in the pictures, below: 1- Cash Receipts and Cash Payments 2- Bank Ledger Account July 3- Bank Reconciliation Statement Thanks!

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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