QUESTION $2$

The information below appeared in the books of JACOBS ELECTRONICS KITCHEN

APPLIANCES for the month of July $2019.$

Make the supplementary entries in the cash book on $31$ July $2019.$ Close off and

balance the cash book on $31$ July $2019.$

Prepare the bank reconciliation statement on $31$ July $2019.$

NFORMATION:

The cash book had a credit balance of R$106355$ on $1$ July $2019.$

A comparison of the bank statement with the cash book on $31$ July $2019$

revealed the following differences:

The bank statement from Blue bank showed a credit balance of R$285697.$

The following cheques were not yet been presented for payment on $31$ July

$2019$:

$3$ Cheque no$.56$ to the value of R$62260$ was sent on $1$ December $2018$ to AA

Appliances Ltd as payment of our account. The cheque was delayed in the post

and must be cancelled. A new one will be sent to them.

$4$ A cheque to the value of R$285345$ was wrongly debited to Jacobs Electronic

Kitchen Appliances' bank statement.

$5$ Barclays Bank had debited the current account of Jacobs Electronic Kitchen

Appliances' bank statement with the following amounts:

A deposit of R$61285$ was wrongly credited to Jacobs Electronic Kitchen

Appliances' bank statement.

The bank statement showed a debit order of R$62984$ in favour of Telkom, as

payment of the business monthly bill.

A deposit of R$128578,$ which was made on $30$ July $2019$ was not credited to

the bank statement of Jacobs Electronic Kitchen Appliances.