Hongtai Imports is one of your suppliers. Their account in your ledger is as follows:

Hongtai Imports Account 20-9 3 Apr Returns outwards

£

28.50 20-9 1 Apr Balance b/d

£

416.75 16 Apr Bank 395.92 4 Apr Purchases 184.25 16 Apr Discount received 20.83 18 Apr Purchases 219.54 25 Apr 30 Apr Returns outwards Balance c/d 47.72 327.57 820.54 1 May Balance b/d 820.54 327.57 On 2 May the following statement of account is received from Hongtai Imports:

Statement ofAccount Debit Credit 20-9

£

£

1 Apr Balance 2 Apr Sales 184.25 6 Apr Returns 28.50 16 Apr Sales 219.54 18 Apr Bank 395.92 18 Apr Discount 20.83 26 Apr Sales 295.50 Balance

£

416.75 601.00 572.50 792.04 396.12 375.29 670.79 You are required to prepare a reconciliation statement, starting with the balance in your books of £327.57, to explain the difference between the balance in your ledger and the closing balance on the statement of account.