(b) The accounts of a business include a cash account with a balance of $35,000 as at 30 June.

The bank statement has a closing balance of $35,356. A"er comparing the entries in the cash account with the bank statement, you find that:

i. Cheques received amounting to $1,500 have not yet been presented for payment to the bank.

ii. An amount received of $180 has been incorrectly credited to the cash account.

iii. A cheque from a customer for $551 has been recorded in the cash account as $515.

iv. Bank charges shown on the bank statement of $100 have not been included in the cash account.

v. Interest on the bank statement of $10 has not been credited to the cash account.

vi. An amount of $250 received has been entered into the cash account but has not been banked.

vii. Several cheques paid out remain unpresented. These total $1,800.

Show the additional entries that need to be made to the cash account and bring down the corrected balance. Then prepare a statement reconciling the cash account with the bank statement balance.

1 What postings would be made from the sales book?