On the 30* of March 2020, A cash book of Madam Azonto, a Makola trader, showed a debit

balance of GH& 11,700. The Bank Statement of Madam Azonto at the same date showed a Credit

Balance of Gile 8,475. On comparing the Cash Book with a Bank Statement, the following

differences were found:

1. A cheque for GHeS,400 had been paid into the bank account on the 31* March 2020 but

was not credited by the bank until the following cay.

2. Cheques totaling GHe8,850 had been drawn but not yet presented to the bank for payment,

3. Bank Charges of GHe2,175 appeared on the Bank Statement but not yet entered in the

Cash Book.

4. Dividend Ge 7200 collected and credited by the bank on behalf of Madam Azonto but

did not appear in the Cash Book

S. Payment under Standing Orders for an amount of GHe3,750 had been made but did not

reflect in the Cash Book.

6. Cheques Paid in but returned R/D amounting to GH&7,950 appear only on the Bank

Statement.

Required: Draw up a Bank Reconciliation Statement on 31* March 2020 after Adjusting

the Cash Book

Question? On the 306 of March 2020 , A cash book of Madam Aronto, a Makola trader, stiow cd a debit balance of CHe 11,700. The Bank Statement of Madam Azonto at the kame date showed a Credit Balance of GIfe 8,475. On comparing the Cash Book with a Bank Statement, the 1ollowing differences wero found: 1. A cheque for GIHE,400 had been paid into the bank account on the 31st March 2020 bul was not credited by the bunk until the following way. 2. Cheques totaling GHc8,850 had been drawn but not yet presented to the bank for payment. 3. Bank Charges of GHe2,175 appeared on the Bank Statement but not yet entered in the Cash Book. 4. Dividend GHe 7200 collected and credited by the bank on behalf of Madim Aronto but did not appear in the Cash Book. 5. Payment under Standing Orders for an amount of G.l1c3,750 had becn made but did not reflect in the Cash Book. 6. Cheques Paid in but returned R/D amounting to GIc7.950 appear only on the Bank. Statement. Required: Draw up a Bank Reconciliation Statement on 31st March 2020 after Adjusting the Cash Book