a) prepare the correct bank reconciliation statement as at 31 July 2020. (Assume that the balances in the incorrect bank reconciliation statement are correct.) (4)

b) prepare the bank account in the general ledger of Whisklaw Ltd. for the month ended 31 August 2020. (4)

c) prepare the bank reconciliation statement as at 31 August 2020. (A bank reconciliation statement using a debit and credit column format is not acceptable.)

20 125 BANK RECONCILIATION STATEMENT AS AT 31 JULY 2020 Debit balance according to bank statement 9 880 Less: Outstanding cheques No. 101 (900) (1 111) Less: Outstanding deposit (7 500) Add: Unreconciled difference 4022 Credit balance according to bank account in general ledger 4 391 You determine the following: 1. The outstanding deposit of R7 500 appears on the August 2020 bank statement. 2. The bank statement shows a credit balance of R40 100 on 31 August 2020. 3. The total of the bank column in the cash receipts journal amounted to R90 909 for August 2020, and the total of the bank column in the cash payments journal amounted to R77 000 4. Cheque 101 was issued on 15 December 2019 and is, therefore, outdated. Cheque 125 was issued on 10 April 2020 and appears on the August 2020 bank statement. 5. Cheque 134 to the amount of R850 appears as a credit on the August 2020 bank statement. 6. A deposit of R9 323 appears as a debit of R6 392 on the August 2002 bank statement 7. A deposit of R10 415 in respect of the receipts for the week ended 7 August 2020 appears as R19 415 on the August 2020 bank statement 8. The following cheques were issued during August 2020, but had not been presented to the bank for payment by 31 August 2020: Number R 140 2 087 (see note 9) 222 6 763 167 2 087 9. Cheque 140 got lost in the post. The bank was requested not to pay out the specific cheque upon presentation. Cheque 140 was replaced by cheque 167. 10. The bank statement for August 2020 shows a stop order of R300 for the subscription fee to a cat treat box, which was already cancelled on 31 July 2020. 20 125 BANK RECONCILIATION STATEMENT AS AT 31 JULY 2020 Debit balance according to bank statement 9 880 Less: Outstanding cheques No. 101 (900) (1 111) Less: Outstanding deposit (7 500) Add: Unreconciled difference 4022 Credit balance according to bank account in general ledger 4 391 You determine the following: 1. The outstanding deposit of R7 500 appears on the August 2020 bank statement. 2. The bank statement shows a credit balance of R40 100 on 31 August 2020. 3. The total of the bank column in the cash receipts journal amounted to R90 909 for August 2020, and the total of the bank column in the cash payments journal amounted to R77 000 4. Cheque 101 was issued on 15 December 2019 and is, therefore, outdated. Cheque 125 was issued on 10 April 2020 and appears on the August 2020 bank statement. 5. Cheque 134 to the amount of R850 appears as a credit on the August 2020 bank statement. 6. A deposit of R9 323 appears as a debit of R6 392 on the August 2002 bank statement 7. A deposit of R10 415 in respect of the receipts for the week ended 7 August 2020 appears as R19 415 on the August 2020 bank statement 8. The following cheques were issued during August 2020, but had not been presented to the bank for payment by 31 August 2020: Number R 140 2 087 (see note 9) 222 6 763 167 2 087 9. Cheque 140 got lost in the post. The bank was requested not to pay out the specific cheque upon presentation. Cheque 140 was replaced by cheque 167. 10. The bank statement for August 2020 shows a stop order of R300 for the subscription fee to a cat treat box, which was already cancelled on 31 July 2020