Question
Kambonde Shapaka is a business that deals in silver-crafted jewellery. You are given the following information. Kambonde Shapaka Cash Book November 2016 Date Details fol
Kambonde Shapaka is a business that deals in silver-crafted jewellery. You are given the following information.
Date | Details | fol | Amount (N$) | Date | Details | fol (Chq) | Amount |
Nov.1 | Balance | 1809 | Nov.1 | Purchases | no.821 | 175 | |
2 | Cash | 295 | 1 | Rates | 240 | ||
4 | Jim Jankovich | 244 | 3 | Electricity and Water | no.822 | 181 | |
7 | Cash sales | 270 | 8 | Sanchia Sander | no.823 | 42 | |
12 | Cash sales | 127 | 9 | Candy Wong | no.824 | 562 | |
17 | Fiona Finkelstein | 255 | 16 | Machine | no.825 | 185 | |
20 | Cash sales | 365 | 20 | Purchase | no.826 | 124 | |
26 | Angela Adams | 125 | 27 | Patrick Lambide | no.827 | 334 | |
28 | Aaban Abbas | 245 | 30 | Joshua Ngidi | no.828 | 105 | |
30 | Cash sales | 285 | |||||
30 | Balance | c/d | 2310 | ||||
4258 | 4258 | ||||||
Dec 1 | Balance | b/d | 2310 |
Bank Statement Of Kambonde Shapaka
Standard Bank - Account Name: Sparkling Silver - Account Number 25 88 74 132
Date : Details : Amount Dr/Cr : Balance
2016 Nov
1 : Balance : 2215
2 : Cheque number (no.820) : 210 Dr : 2005
3 : Cash deposit : 295 Cr : 2300
4 : Cheque deposit : 244 Cr : 2544
5 : Cash deposit : 178 Cr : 2722
5 : Cheque number (no.821) : 175 Dr : 2544
8 : Cheque number (no.822) : 240 Dr : 2722
8 : Cash deposit : 270 Cr : 2547
10 : Cheque number (no.825) : 562 Dr : 2307
12 : Cash deposit (no.823) : 181 Dr : 2577
13 : Cash deposit : 127 Cr : 2015
16 : Cheque number (no.824) : 42 Dr : 1834
18 : Cheque number (no.826) : 135 Dr : 1961
18 : Cash deposit : 255 Cr : 1919
21 : Cash deposit : 365 Cr : 1784
26 : Cheque deposit : 125 Cr : 2529
28 : Cheque number (no.828) : 334 Dr : 2195
29 : Cheque deposit - Abbas : 245 Cr : 2440
30 : Unpaid cheque (dishonored) : 125 Dr : 2315
30 : Direct deposit - Jan Jankovich : 497 Cr 2812
30 : Bank charges : 4 Dr : 2808
Additional information: A cheque payment of N$135 (cheque number 826) for the purchase of a machine that is used to clean jewelry was erroneously recorded as N$ 185 in the Cash Book.
Prepare and draw up the necessary adjustment in Kambonde Shapaka General Journal; Kambonde Shapaka Cash Book; and draw up Kambonde Shapaka Bank Reconciliation Statement as at November 2016.
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