As of 30th June 2022, the company Accounts Assistant is expecting to prepare a bank reconciliation statement. The assistant is incompetent in preparing the cash book and seeking your (Financial Consultant) advice to do the same. Banking transactions are as follows.:

Opening Bank Balance: OMR 86 000 (Dr Balance)-As per cash book

Cheques Received Cheques Issued

Mona LLC OMR

21000 Labib OMR 4000

Mohammed SAOG

12000 Munro 1900

Ali Bros 3600 Dalal 4200

Farida Enterprises 2800 Mariam 5400

The Next-Coffee shop 6400 Wafa 7000

Sadia Sis 19000 Naima 650

Javeed and Others

8700 Hadi 2100

Suliman Bro

9900 Ibrahim 1370

Sanaa and Others

6500 Nada 2050

Question 1

(a) Take the opening balance, FIVE of Cheque Received and FOUR of Cheques Issued and Prepare a cash book for the month of June 2022 (Selection is from your own choice) (3).

Assume that you have the following information for further reference:

Cheques drawn but not yet presented OMR 11 000 Cheques deposited but not yet credited OMR 6 700

Cheque Book Charges

OMR 900 Direct deposits OMR 2 00

(b) Prepare bank reconciliation statement as of 30th June 2022 starting from the Closing Cash Book (Bank Column) Balance, part (a) above (3).