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Question Gyampat has been in business for one year, the following is his cash book and the bank statement h e received from Ecobank
Question Gyampat has been in business for one year, the following is his cash book and the bank statement h e received from Ecobank for the month of December 2016 CASH BOOK 2016 GHC GHC Dec 1 Balance b/d 4,200 Dec 8 STims 648 7 G White 220 15 R. Goss 32 22 P Davy 92 28 P. Clark 266 31 G. Gow 346 31 Balance c/d 4,202 31 L. Till 288 5,140 5,140 Bank statement Date 2016 Dec 1 Balance b/d 7 Cheque 11 S Timms 20 R. Goss 22 cheque 31 credit transfer. J Hill Bank Charges 64 Required: Dr. Cr. 5 Balance GHC GHC GHC 4,200 220 4,420 648 3,772 32 3,740 94 3,834 186 4,014 3,950 (a) Mention four items that cause discrepancies in the preparation of bank reconciliation st atement (b) Prepare the Adjusted Cash Book (c) Prepare the Bank Reconciliation Statement 1 L
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