by the bank.... You are required to prepare a Bank Reconcillation Statement as at 31st December 2012 together wit a corrected Cash Book. Exercise Four The following are extracts from the cash and bank statements of IBQ Ltd for the month of April, 2012. Cash Book Date DR GHC Date CR GHC April 1 Balance b/d 60,000 April 2 Yaw Djan 2,200 "7 Mark Aboagye 14,000 " 11 Essuman 5,120 "13 YaaKesewaa 4,900 "17 OsaAgyei 7,600 "16 Peter Mensah 9,780 "25 Martyey 1,840 "27 Selasi Kofi 3,800 "30 Balance c/d 75,720 92,480 92,480 Bank Statement Details DR CR Balance GHC GHC GHC April 1 Balance b/d 60,000 "3 Yaw Djan 2,200 57,800 "7 Mark Aboagye 14,000 71,800 13 Essuman 5,120 66,680 " " " 13 19 22 "30 44 30 "30 YaaKesewaa 4,900 71,580 Credit transfer Nii 900 72,480 Peter Mensah 9,780 82,260 Bank charges 160 82,100 Insurance 1250 80,850 Provident Fund 2570 78,280 262 Exercise Seven On 30th April 1990, uncle okoro's cash book showed a debit balance (normal bal) of GHS393.40. The bank statement of the same date showed a credit balance (normal bal) of GHS689.55 On comparing the cash book with the bank statement the following differences were found. 1. Cheque for GHS 76.45 had been paid into the bank on 30th April but was not credited by the bank. 2. Cheque for GHS 284.35 had been drawn but not yet presented for payment. 3. Bank charges of GHS5.50 appeared on the bank statement but not in the cash book. 4. A standing order of GHS5.00 payable on 24th April had been paid by the bank but not yet entered in the cash book. 5. Dividend of GHS98.75 collected and credited by the bank did not appear in the cash book. You are required to prepare an adjusted cash book and a bank reconciliation statement. Exercise Eight On 30 November 1989, Yaabode's cash book showed a debit balance of GHS 2,562.40 while the bank statement of the same date showed a credit balance of GHS 3,091.95. On investigation it was found that: 1. Cheque of GHS 729.15 had been drawn but was yet to be presented for payment. 2. Bank charges of GHS150.00 appeared in the bank statement only. 3. A standing order of GHS200.00 payable on 15th November had been paid by the bank but not entered in the cash book. 4. Cheque of GHS449.65 had been paid into bank on 30th April but were not credited by the bank until 5th December 1989 5. Dividends of GHS600.05 had been paid direct into bank. No records had been made in the cash book. Required: adjust the cash book and prepare a bank reconciliation statement