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Exercise Three Assignant. The cash book of Adjoa Shikishiki Ltd for the year ending 31st December 2012 is as follows: Opening balance GHC GHC 4,962
Exercise Three Assignant. The cash book of Adjoa Shikishiki Ltd for the year ending 31st December 2012 is as follows: Opening balance GHC GHC 4,962 Receipts: Cheque No. 248296 from Billy Ham 166,239 Cheque No. 188098 from Global Express 277,065 Cheque No. 155812 from Agba Ltd 4,860 Cheque No. 394504 from Morris Ltd 349,270 Cheque No. 112001 from Dunenyo Farms 200,000 1,002,396 Payments Cheque No. 182306 to Alfa Ltd 150,205 Cheque No. 182307 to Baba Ali 200,000 Cheque No. 182308 to Mawuko Ltd 4,305 Cheque No. 182309 to Bonsu Ltd 300,000 Cheque No. 182310 to Srodae Co. 295,695 950,205 Closing balance 52,191 Investigations of the records for the period revealed the following information: (i) A dividend of GHC400 on shares in GT2 Ltd was paid direct to bank account and no entry was made in the company's cash book. (ii) An amount of GHC4,887 received from a customer by credit transfer during the period had
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