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Question 2 The Bank Statement and Cash Book (bank columns only) for Jennie Brown for the month of July 2021 are as follows. Bank Statement

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Question 2 The Bank Statement and Cash Book (bank columns only) for Jennie Brown for the month of July 2021 are as follows. Bank Statement Debit Credit Balance 2021 $ $ July 01 Balance 57 OD July 03 123456 150 207 O/D July 14 Sundry credit 210 3 July 18 Interest Charge 24 21 O/D July 20 Sundry credit 350 329 July 22 123457 222 107 July 24 Standing order - rent 10 97 July 25 Sundry credit 410 507 July 25 Sundry credit 121 628 July 26 Credit transfer - Mills 25 653 July 28 423460 100 553 July 30 123459 405 148 Cash Book (bank columns only) 2021 $ 2015 July 14 Cheque GSmith 210 July 01 Balance b/f 57 July 20 Cash Sales 350 July 03 Electricity (123456) 150 July 25 Cheque F Jones 410 July 22 Wages (123457) 222 July 25 Cheque R Black 121 July 23 Purchases (123458) 415 July 30 Cheque W Wayne 196 July 30 Rent (123459) 405 July 31 Balance c/f 9 July 30 Purchases (123460) 47 4.180 1.296 a) Prepare the updated Cash book to show the adjusted balance. (4 marks) b) Starting with the updated cash book balance, draw up a bank reconciliation statement for Jennie Brown for the month of July 2021

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