Question 2 The Bank Statement and Cash Book (bank columns only) for Austin Cambridge for the month of March 2023 are as follows. DATE 1-Mar 3-Mar 6500 14-Mar Deposit 18-Mar Bank charges Balance DETAILS 20-Mar Deposit 22-Mar 6501 DETAILS Cheque H. Flint BANK STATEMENT DR 24-Mar Auto debit 25-Mar Deposit 25-Mar Deposit 26-Mar Credit transfer 28-Mar ZIP#5485-FJ 30-Mar 6511 DATE 14-Mar 20-Mar Cash Sales 25-Mar Cheque Q. Jackson 25-Mar Cheque R. Bottom 30-Mar Cheque S. M. Mane 31-Mar Balance c/d AMT (S) 840 1,400 1,640 484 600 784 36 5,184 96 888 40 CASHBOOK 400 1,620 CR BAL 840 1,400 1,640 484 100 228 O/D 828 O/D 12 84 O/D 1,316 428 388 2,028 2,512 2,612 2,212 592 DATE 1-Mar Balance b/d DETAILS 3-Mar Maintenance (6500) 22-Mar Electricity (6501) 23-Mar Purchases (6505) 30-Mar Rent (6511) 30-Mar Wages (6515) AMT (S) 228 600 888 1,660 1,620 188 5,184 a) Prepare the updated Cash book to show the adjusted balance. b) Starting with the updated cash book balance, draw up a bank reconciliation statement for Austin Cambridge for the month of March 2023.
Question 2 The Bank Statement and Cash Book (bank columns only) for Austin Cambridge for the month of March 2023 are as follows. DATE 1-Mar 3-Mar 6500 14-Mar Deposit 18-Mar Bank charges Balance DETAILS 20-Mar Deposit 22-Mar 6501 DETAILS Cheque H. Flint BANK STATEMENT DR 24-Mar Auto debit 25-Mar Deposit 25-Mar Deposit 26-Mar Credit transfer 28-Mar ZIP#5485-FJ 30-Mar 6511 DATE 14-Mar 20-Mar Cash Sales 25-Mar Cheque Q. Jackson 25-Mar Cheque R. Bottom 30-Mar Cheque S. M. Mane 31-Mar Balance c/d AMT (S) 840 1,400 1,640 484 600 784 36 5,184 96 888 40 CASHBOOK 400 1,620 CR BAL 840 1,400 1,640 484 100 228 O/D 828 O/D 12 84 O/D 1,316 428 388 2,028 2,512 2,612 2,212 592 DATE 1-Mar Balance b/d DETAILS 3-Mar Maintenance (6500) 22-Mar Electricity (6501) 23-Mar Purchases (6505) 30-Mar Rent (6511) 30-Mar Wages (6515) AMT (S) 228 600 888 1,660 1,620 188 5,184 a) Prepare the updated Cash book to show the adjusted balance. b) Starting with the updated cash book balance, draw up a bank reconciliation statement for Austin Cambridge for the month of March 2023.
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter5: Internal Control And Cash
Section: Chapter Questions
Problem 5.4.3P
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