a$.$ The Bank columns in the Cash Book for June $2020$ and the Bank Statement for

that month for K$.$ Stewart are as follows:

K$.$ Stewart

K$.$ Stewart

Bank Statement

Requirements:

i$.$ Prepare the Updated Cash

Book

$(4$ Marks$)$

ii$.$ Draw up the Bank Reconciliation Statement as per Updated Cash Book

Balance. $(4$ Marks$)$

b$.$ Mr$.$ Martin Dyer commences business on January $1,2019.$ His debtors at:

December $31,2020,$ were $$15,000$

December $31,2021,$ were $$12,000$

December $31,2022,$ were $$14,000$

A provision for Bad Debts of $5\%$ is to be created on debtors at the end of each year.

Required:

Show the Provisions for Bad Debts Accounts for each of the three years.

Marks$)$

Show the Income Statement Extract for Year $2021$ when Gross Profit is $

$5,000.$

Show the Balance Sheet Extract for Year $2020.$

Marks$)$