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Question 2 Prepare an Income Statement and a Statement of Changes in Equity for Scott's Couriers for month ended 31 October 20x0 and a classified
Question 2 Prepare an Income Statement and a Statement of Changes in Equity for Scott's Couriers for month ended 31 October 20x0 and a classified Balance Sheet as at 31 October 20x0. Please enter your income statement and balance sheet in the following table: Bank Reconciliation As at the 30 June 2024 Bean Sprout was showing a cash balance in the general ledger of $6 230.00 DR. The latest bank statement dated 30 June 2024 showed a balance of $5 497.30 Cr. The following items appear on the June bank statement but not in the cash journals for the same month: 1) $1 420 cheque was returned marked 'dishonoured'. The cheque had been received from a customer D Dog. 2) Account fees of $180 3) Interest was received in the amount of $162. The following items appear in the cash journals but not on the bank statement: 1) A deposit placed inside the bank's night safe on the 30 June in the amount of $1 460.80. 2) Bean issued a cheque to Wind Farmers (Account Payable) for $516, but incorrectly recorded and posted the amount as $432. Cheque 220 for $420, cheque 226 for $1020 and cheque 227 for $810.10. Required: This question has three Parts: Part (a), Part (b), and Part (c). Anwer ALL Parts below: Dorthal Dronarn and balanco thoronarolindoor Cach at Rank account 15 markal Question 2 Prepare an Income Statement and a Statement of Changes in Equity for Scott's Couriers for month ended 31 October 20x0 and a classified Balance Sheet as at 31 October 20x0. Please enter your income statement and balance sheet in the following table: Bank Reconciliation As at the 30 June 2024 Bean Sprout was showing a cash balance in the general ledger of $6 230.00 DR. The latest bank statement dated 30 June 2024 showed a balance of $5 497.30 Cr. The following items appear on the June bank statement but not in the cash journals for the same month: 1) $1 420 cheque was returned marked 'dishonoured'. The cheque had been received from a customer D Dog. 2) Account fees of $180 3) Interest was received in the amount of $162. The following items appear in the cash journals but not on the bank statement: 1) A deposit placed inside the bank's night safe on the 30 June in the amount of $1 460.80. 2) Bean issued a cheque to Wind Farmers (Account Payable) for $516, but incorrectly recorded and posted the amount as $432. Cheque 220 for $420, cheque 226 for $1020 and cheque 227 for $810.10. Required: This question has three Parts: Part (a), Part (b), and Part (c). Anwer ALL Parts below: Dorthal Dronarn and balanco thoronarolindoor Cach at Rank account 15 markal
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