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5. On your first day at work, you were presented with the following information relating to the month of August 2013. Bank Book Opening Balance

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5. On your first day at work, you were presented with the following information relating to the month of August 2013. Bank Book Opening Balance 1.8.2013 2.465.37 Telephone bills for August 2013 213.65 Transfer from Nairobi 216.00 85,058.00 Vehicle fuel for July - Ch. 0012 Office rent for August to October 2013 - Ch. 013 Salary for staff.chq, 0014 300.00 15,430,001 Balance Cd 87,523.37 71,363.72 71,363.72 87,523.37 Balance bid Dr. Cr. Bank Statement 1/8/2013 Balance 2/8/2013 Staff salary Funds received from 3/8/2013 Nairobi Balance 17,895.37 2,465.37 15,430.00 85.085.00 87,550.37 3/8/2013 Clearing cheque - 0012 216.00 87,334.37 14/8/2013 Clearing cheque - 0013 25/08/2013 Clearing cheque - 0014 28/08/2013 Clearing cheque - 0015 29/08/2013 Clearing cheque - 0011 300.00 15.340.00 1.124.00 87,034.37 71,694.37 70,570.37 213.65 70.356.72 31/08/2013 Bank charges for August 15.05 70,341.67 Additional information 1. The accountant of the organization has recorded the funds from Nairobi as $85,058 by mistake 2. A payment for vehicle hire amounting to $1124 was not recorded in the company's book 3. The bank debited the salary cheque as $15,340 instead of $15.430. 4. Bank charges are not recorded in the company's account. Using the above information, you are required to; i. Prepare a corrected Company's Bank Book (10 marks) ii. Bank Reconciliation for the Month of August 2013.10 marks)

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