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QUESTION THREE BANK RECONCILIATION The information given below was extracted from the accounting records of Madsen Stores REQUIRED Complete the Cash Receipts Journal and Cash
QUESTION THREE BANK RECONCILIATION The information given below was extracted from the accounting records of Madsen Stores REQUIRED Complete the Cash Receipts Journal and Cash Payments Journal of Madsen Stores for April 2015. Write down the name of the contra account in the details column. Cast the Journals. Use the following format: (20 MARKS) 3.1 Cash Receipts Journal Details Bank Cash Payments Journal Details Bank 3.2 Post to the Bank account in the General ledger of Madsen Stores. Balance the account. 3.3 Prepare the Bank Reconciliation Statemen as at 30 April 2015
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