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barance. II) Discussion A) Show the journal entries necessary to correct the following errors: i) A purchase of goods OMR 1,250 from MR. Ghan had
barance. II) Discussion A) Show the journal entries necessary to correct the following errors: i) A purchase of goods OMR 1,250 from MR. Ghan had been entered in MR. Khan's account. ii) The purchase of Car on credit from Saud Bahwan for OMR 14,000 had been completely omitted from our books. iii) The purchase of Office Van for OMR 8,000 had been entered in error in the Office Expenses account. iv) A sale of OMR 1,125 to Mr.Debtor had been entered in the books, both debit and credit, as OMR 1,215. v) Interest paid OMR 50 had been entered in error in the Interest received account. vi) Cash withdrawn from bank OMR 900 had been entered in the cash column on the credit side of the cash book, and in the bank column on the debit side. B) Draw up a bank reconciliation statement from the following as on 31 March 2020: i) Cash at bank as per bank column of the cash book (Dr) OMR 80,000. ii) Bank charges on bank statement but not yet in cash book OMR 125. iii) Bank interest credited in the bank statement but not yet in cash book OMR 200. iv) Banking made but not yet entered on bank statement OMR 1,000. v) Cheques received and paid into the bank, but not yet entered on the bank statement OMR 750. vi) Credit transfer from Mr. Debtor entered on bank statement, but not yet in cash book OMR 600. vii) Direct debit by the bank OMR 25 but not entered in the cash book. viii) Standing order to Ooredoo entered on bank statement, but not in cash book OMR 120. ix) Direct credit from Mr. Azad OMR 70 entered in the bank statement but not in the cash book. x) Bank charges for loan processing entered in the bank but not in cash book, OMR 25 xi) Un-presented cheques Mr. Sabir OMR 390 xii) Bank lodgment not yet credited OMR 550. III) Reviews / Recommendations You can write by vourself (Consider above table contents from chanter
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