The following information comes from the records of Anthea’s Homewares.

From the cash receipts records:

From the cash payments records:

$ Date Cheque no. $

April 1 687 April 2 570 415 8 805 3 571 82 15 412 5 572 137 22 903 8 574 1 315 29 246 11 575 642 15 576 701 17 577 240 20 578 194 23 579 311 27 580 293 28 581 114 From the general ledger Cash at bank Account no. 111 Date Item Post ref Debit Credit Balance March 31 Balance 2 594 DR Bank statement DR CR Statement period 31/3/2022–30/4/2022

$ $ $

March 31 Balance brought forward 3 657 CR April 1 Deposit 687 4 344 CR 3 568 372 3 972 CR 4 570 415 3 557 CR 8 Deposit 805 4 362 CR 572 137 4 225 CR 9 Direct credit 696 4 921 CR 10 574 1 513 3 408 CR 11 575 642 2 766 CR 14 552 435 2 331 CR 15 Deposit 412 2 743 CR 16 571 82 2 661 CR 19 NSF 421 2 240 CR 20 576 701 1 539 CR 22 Deposit 903 2 442 CR 578 194 2 248 CR 25 560 97 2 151 CR 27 577 240 1 911 CR 30 581 114 1 797 CR Interest 58 1 855 CR Bank charges 24 1 831 CR The NSF cheque was received from Bond Enterprises, a debtor. The direct credit represents a $650 bill collected by the bank, plus interest. Cheque no. 573 was prepared improperly and has been cancelled.
Cheque no. 574 for a purchase of inventory was incorrectly recorded as a cash payment of $1315 instead of $1513. On 31 March, the only reconciling items were a series of unpresented cheques: no. 552 at $435, no. 560 at $97, no. 562 at $159 and no. 568 at $372.
Prepare a bank reconciliation statement for Anthea’s Homewares at 30 April, and any necessary adjusting journal entries.
PROBLEM 11.23 Prepare a bank reconciliation statement with overdraft The following information comes from the records of Betty’s Boutique.
From the cash receipts records: From the cash payments records:
Date 2022 Cash (DR) amount Date 2022 Cheque no. Amount $ $
Nov. 1 1 828 Nov. 1 721 28 7 2 024 2 722 566 14 6 480 3 723 832 21 5 292 4 724 54 30 3 884 5 726 10 10 727 11 492 11 728 1 418 20 729 2 492 21 730 152 22 731 10 000 From the general ledger:
Cash at bank Account no. 111 Date Item Post ref. Debit Credit Balance Oct. 31 Balance 4 930 DR Wolfpac National Bank Statement of Betty’s Boutique Date Particulars Debit Credit Balance 2022 $ $ $
Nov. 1 Balance 7 570 CR 2 700 200 7 370 CR 2 707 1 000 6 370 CR 2 Deposit 1 828 8 198 CR 4 720 920 7 278 CR 4 721 28 7 250 CR 6 723 832 6 418 CR 8 724 54 6 364 CR 8 Deposit 2 024 8 388 CR 12 726 10 8 378 CR 12 NSF 30 8 348 CR 14 728 1 814 6 534 CR 15 Deposit 6 480 13 014 CR 22 Deposit 5 292 18 306 CR 24 727 11 492 6 814 CR 26 730 152 6 662 CR 26 731 10 000 3 338 DR 26 DC 816 2 522 DR 30 SC 8 2 530 DR 30 IN 84 2 446 DR Code: DC – Direct credit IN – Interest NSF – Non-sufficient funds DD – Direct debit SC – Service charge The NSF cheque was received from J. Pindar, a debtor. The direct credit represents an $800 bill collected by the bank, plus interest. Cheque no. 725 was prepared improperly and has been cancelled. Cheque no. 728 for a purchase of inventory was incorrectly recorded as a cash payment of $1418 instead of $1814. On 1 November, there were only the following unpresented cheques as reconciling items: no. 700 at $200, no. 707 at $1000, no. 719 at $520 and no. 720 at $920.
Prepare a bank reconciliation statement, as at 30 November 2022, and any necessary adjusting journal entries.