Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Additional Information - The cash deposit made on the 3rd of December was correctly recorded in the cash book - The cash payment made on

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

Additional Information - The cash deposit made on the 3rd of December was correctly recorded in the cash book - The cash payment made on the 5th of December was correctly recorded by the bank - Opening favourable balance of Bank Account at 1 December 2022: R3 700 SUMMARY OF CASH BOOK RECEIPTS FOR DECEMBER 2022 SUMMARY OF CASH BOOK PAYMENTS FOR DECEMBER 2022 In addition you have received the following bank statement at 31 December 2022: Required: Q.2.2.1 From the information provided above calculate the corrected cashbook receipts (10) and cashbook payments totals after taking into account all the adjustments required. Show all your workings. Q.2.2.2 Using the amounts obtained in Q.2.2.1 above post to the bank account in the (6) general ledger. Balance the Bank general ledger account. Q.2.2.3 Prepare a bank reconciliation statement as at 31 December 2022. (12)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Towards A Strategic Human Resource Management Roles Of HR Audit And Org Culture

Authors: Adel Al Samman

1st Edition

3330653051, 978-3330653054

More Books

Students also viewed these Accounting questions

Question

5. Describe how contexts affect listening

Answered: 1 week ago