The folowing show the cash book and bank statement respectively for Material Plus Co. Lid for August 31, 2011. Date Details Foli Amount Date Details Folio Amount 2011 Aug 1 Aug 3 Aug 6 Aug 16 Aug 20 Aug 31 Balance 8 100 June I V. Nelson 500 5 300 Peter Lucas Trevor Miller Sales George Lee Lenna Smith Aug 4 Aug 11 Aug 14 Aug 19 Aug 22 Aug 25 Aug 27 Aug 31 Materials& More 300 2 000 | 3 500 4 700 3 050 Fagan Ray Jay's Garments Sandra Henry Perfect Wear Ltd Y Willis Andrew Collins 540 2 900 750 290 880 1 900 18 590 26 650 Balance cid Sepe 1 26 650 b'd 18 590 Balance Cash Book for Material Plus

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The folowing show the cash book and bank statement respectively for Material Plus Co. Lid for
August 31, 2011.
Date
Details
Foli
Amount Date
Details
Folio
Amount
2011
Aug 1
Aug 3
Balance
bif
8 100
June 1
V. Nelson
500
Aug 4
Aug 11
Aug 14
Aug 19
Aug 22
Aug 25
Aug 27
Aug 31
Peter Lucas
5 300
Materials& More
300
Aug 6
Aug 16
Aug 20
Aug 31
Trevor Miller
Sales
George Lee
Lenna Smith
2 000
3 500
4 700
3 050
Fagan Ray
Jay's Garments
Sandra Henry
Perfect Wear Ltd
Y Willis
Andrew Collins
Balance
540
900
750
290
880
1 900
18 590
cid
26 650
26 650
Sepe I
Balance
b'd
18 590
Cash Book for Material Plus
Date
Details
Debit
Credat
Aug 1
Aug 4
Aug 4
Aug 13
Aug 14
Aug 20
Aug 24
Balance
Peter Lucas
Material & More
Fagan Ray
Trevor Miller
Lodgments
Standing Order -
insurance
Perfect Wear Ltd
|Balance
8 100
13 400
13 100
12 560
14 560
19 260
5 300
300
540
2 000
4 700
I 790
470 7ו
Aug 26
Aug 30
June 20 | Trader's Credit
Bank Statement for Material Plus
80ו 17
16 815
60ר ךן
290
Bank charges
365
945
You are required to prepare
(a) The revised cash book for Material Plus Co. Ltd
(b) A statement to reconcile the revised cashbook with the bank statement
Updated Cash Book
Date
Details
Folio Amount
Date
Details
Folio Amount
Transcribed Image Text:The folowing show the cash book and bank statement respectively for Material Plus Co. Lid for August 31, 2011. Date Details Foli Amount Date Details Folio Amount 2011 Aug 1 Aug 3 Balance bif 8 100 June 1 V. Nelson 500 Aug 4 Aug 11 Aug 14 Aug 19 Aug 22 Aug 25 Aug 27 Aug 31 Peter Lucas 5 300 Materials& More 300 Aug 6 Aug 16 Aug 20 Aug 31 Trevor Miller Sales George Lee Lenna Smith 2 000 3 500 4 700 3 050 Fagan Ray Jay's Garments Sandra Henry Perfect Wear Ltd Y Willis Andrew Collins Balance 540 900 750 290 880 1 900 18 590 cid 26 650 26 650 Sepe I Balance b'd 18 590 Cash Book for Material Plus Date Details Debit Credat Aug 1 Aug 4 Aug 4 Aug 13 Aug 14 Aug 20 Aug 24 Balance Peter Lucas Material & More Fagan Ray Trevor Miller Lodgments Standing Order - insurance Perfect Wear Ltd |Balance 8 100 13 400 13 100 12 560 14 560 19 260 5 300 300 540 2 000 4 700 I 790 470 7ו Aug 26 Aug 30 June 20 | Trader's Credit Bank Statement for Material Plus 80ו 17 16 815 60ר ךן 290 Bank charges 365 945 You are required to prepare (a) The revised cash book for Material Plus Co. Ltd (b) A statement to reconcile the revised cashbook with the bank statement Updated Cash Book Date Details Folio Amount Date Details Folio Amount
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