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Post to the bank account in the general ledger of Madsen Stores. Balance the account . INFORMATION 1. A comparison of the bank statement for
Post to the bank account in the general ledger of Madsen Stores. Balance the account .
INFORMATION 1. A comparison of the bank statement for April 2015, received from Capitek Bank, and the Bank Reconciliation Statement as at 31 March 2015 revealed the following: 1.1 Two cheques that were outstanding on 31 March 2015 did not appear on the bank statement for April 2015: Cheque no. 380 for R1 580 Cheque no. 510 for R7 000 Note: Cheque number 380 is now stale and must be cancelled. The cheque was issued to Bingo Wholesalers for stationery. A replacement cheque will be issued during May 2015. 1.2 The bank account in the general ledger reflected a debit balance of R5 200 on 31 March 2015
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