Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Read the following information and answer questions that follow. The following is a bank statement for Tamapo for the month of March 2019. The Cash

Read the following information and answer questions that follow. The following is a bank statement for Tamapo for the month of March 2019.

image text in transcribed

The Cash Book for March 2019 is:

image text in transcribed

Required: a. Update the cash book b. Draw up a bank reconciliation statement as at 31 March 2019.

2019 March 1 Balance Dr Cr Balance P. P. P 4,200.00 O/D March 8 T. MacLeod 184.00 4,384.00 O/D March 16 Cheque 292.00 4,092.00 O/D March 20 W. Milne 160.00 4,252.00 O/D March 21 Cheque 369.00 3,883.00 O/D March 31 G. Frank Trader's Credit 88.00 3,795.00 O/D 32.00 3,827.00 O/D March 31 TYF: Standing order March 31 Bank Charges 19.00 3,846.00 O/D 2019 Dr P 2019 Cr P March 16 G. Philip 292.00 March 1 Balance 4,200.00 March 21 J. Forker 369.00 March 6 T Macleod 184.00 March 31 S. O'Hare 192.00 March 30 W. Milne 160.00 March 31 Balance 4,195.00 March 30 S. Porter 504.00 5,048.00 5,048.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Energy Audits And Improvements For Commercial Buildings

Authors: Ian M. Shapiro

1st Edition

1119084164, 978-1119084167

More Books

Students also viewed these Accounting questions