STATEMENT OF ACCOUNT-FIRST STATE BANK

DateParticularsDebitCreditBalance

$$$

1JunBalance brought forward71,135 CR

2JunDeposit2,00073,135 CR

2JunCheque9655072,585 CR

4JunCheque9833,00039,585 CR

5JunDeposit60,00099,585 CR

6JunCheque9914,10685,479 CR

7JunEFT-Collection of Rent2,00087,479 CR

8JunCheque100 79286,687 CR

8JunDeposit10,00096,687 CR

9JunInterest on account50097,187 CR

9JunCheque101 17,82079,367 CR

17 JunCheque1043,449.6075,917.40 CR

17 JunBank Charges11075,807.40 CR

17 JunCheque10315,00060,807.40CR

17 JunDeposit11,66072,467.40CR

18 JunDeposit4,85077,317.40CR

19 JunCheque1052,65074,667.40CR

21 JunCheque10621,78052,887.40CR

30 JunDeposit2,14555,032.40CR

30 JunCheque11033054,702.40CR

30 JunBank Charges15054,552.40CR

The previous bank reconciliation performed at 31 May 2020 is provided below:

Bank Statement Balance 31 May 2020$71,135CR

Plus : Outstanding Deposits2,000

Less;

Unpresented Cheques;

96$ 550

971,8002,350

Balance per Cash at Bank Account70,785

Additional Information:

*EFT stands for Electronic Funds Transfer. Scallion Ltd does not have any rental properties. For any differences between the records of the bank and the entity, assume the business records are correct.

a.Using the information provided, prepare the Cash at Bank account at 30 June 2020 using a "T" account (any required adjustments as a result of the bank reconciliation, should be made through the cash journals).

b.Prepare the Bank Reconciliation Statement for Scallion Ltd at

30June 2020.