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Question 2 (15 marks) The following information is available after the Cash Book of BotChiNam was compared with their Bank Statement at 31 December 2017
Question 2 (15 marks) The following information is available after the Cash Book of BotChiNam was compared with their Bank Statement at 31 December 2017 Information: The Cash Book showed an overdraft of N$10 100 The Bank Statement showed a debit balance of N$10 568 The deposit of NS7 654 does not appear on the Bank Statement Cheques not yet presented for payment: No. 01 NS805 No. 08 N$690 The bank recorded the following in the current bank account of BotChiNam: Credit card levy N$150 Service fee NS243 Interest on overdraft NS163 A cheque for N5260 received from P. Karen was dishonoured by the bank. Discount allowed on this cheque was N$30. A payment by a dekor. D. Sunshine, for N$3 000 appears in the Bank Statement and not in the Cash Book The Bank Statement showed a debit order for N5693 in favour of Deadsure for an insurance premium. T. Strong, a tenant. deposited his monthly rent directly into the bank account. NS4 200. Required: 2.1 Draw up the Cash Book of BotChiNam on 31 December 2017. (10) ) Prepare the Bank Reconciliation Statement on 31 December 2017 (5) 2.2 2
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