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ID# QUESTION 3 (CLO 5 & 6) The bank columns in the cash book for June 2019 and the bank statement for that month for
ID# QUESTION 3 (CLO 5 & 6) The bank columns in the cash book for June 2019 and the bank statement for that month for D. Hogan are as follows: Di 2019 1-Jun Balance b/d 7-Jun J. May 16-Jun T. Wilson 28-Jun F. Slack 30-Jun G. Baker Cash Book $ 2019 1410 5-Jun L. Holmes 62 12-Jun J. Rebus 75 16-Jun T. Silver 224 29-Jun Blister Disco 582 Jun-30 Balance c/d 2353 2353 Bank Statement Jun-19 Dr Cr Balance | $ $ $ 1 Balance b/d 1410 7 Cheque 1472 8 F. Lane 1292 16 Cheque 1367 17 J. Rebus 848 18 T. Silver 807 28 Cheque 1031 29 SLM standing order 979 30 Flynn: trader's credit 1043 30 Bank charges 43 1000 224 52 As the accountant, you have been asked to do the following a. Prepare an updated cashbook for the month b. Prepare a bank reconciliation statement for the month. (8 marks) (CLO 5) (6 marks) (CLO 5) (6 marks) (CLO) c. Describe three (3) objectives of internal control [Total 20 marks]
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