J S Kingsley is one of your suppliers. Their account in your ledger is set out below:

20-6 29 Jan Bank 31 Jan Balance c/d J S Kingsley Account

£

20-6

£

350.00 1 Jan Balance b/d 150.00 350.00 7 Jan Purchases 200.00 700.00 17 Feb Purchases 350.00 700.00 1 Feb Balance b/d 350.00 On 2 February the following statement of account is received from J S Kingsley:

Statement ofAccount Debit 20-6 £

1 Jan Balance 3 Jan Sales 200.00 4 Jan Bank 11 Jan Sales 350.00 27 Jan Sales 250.00 29 Jan Sales 190.00 You are required to prepare a reconciliation statement, starting with the balance in your books of £350.00, to explain the difference between the Credit Balance

£ £

350.00 550.00 200.00 350.00 700.00 950.00 1,140.00 balance in your ledger and the closing balance on the statement of account.