The following information has been extracted from the records of Sing & Smile Ltd:

RIGHT Bank Statement of Account

Account Name: Sing & Smile Ltd As at: 31/12/18

Bank Statement Date

Dec 2

3 5 6 10

12 17 18

19

20 23

24

31

Statement Page: 6

Transaction Debits

Balance brought forward

Deposit

Cheque 732 115.00 Debit Card #1122567 2,156.00 Direct Deposit A Cove

Cheque 733 235.00 Nat Aus PoS 4.3

Debit Card #109876 752.00 Direct debitOptus 299.00 Cash / Chq Deposit

Direct Deposit W Butler

BPay S Byford 432.00 Dividend - ABC Ltd

Cheque 736 696.00 Cash / Chq Deposit

B Pay J Moran 866.00 Dishonour 870.00 Dishonour fee 25.00 Cash/Chq Deposit

Cheque 737 1,100.00 Direct debit - Quality Realty 3,300.00 Debit card #222280 5,481.00 BPay M Banford 433.00 Interest

Bank charges 70.00 Closing balance

Credits

1,240.00

5,216.00 4,211.00

1,620.00 2,166.00

780.00 1,349.00

2,966.00

52.50

Balance

21,011.00 Cr 22,251.00 Cr 22,136.00 Cr 19,980.00 Cr 25,196.00 Cr 24,961.00 Cr 29,172.00 Cr 28,420.00 Cr 28,121.00 Cr 29,741.00 Cr 31,907.00 Cr 31,475.00 Cr 32,255.00 Cr 31,559.00 Cr 32,908.00 Cr 32,042.00 Cr 31,172.00 Cr 31,147.00 Cr 34,113.00 Cr 33,013.00 Cr 29,713.00 Cr 24,232.00 Cr 23,799.00 Cr 23,851.50 Cr 23,781.50 Cr 23,781.50 Cr

LA023519 Assessment 5, FNSACC311, Ed 2 & 3

7

New South Wales Technical and Further Education Commission, 2018 (TAFE NSW), Archive Version 1, June 2018

Additional information:

The dishonoured cheque on 23 December relates to a cheque deposited on 17 December.

Bank Reconciliation as at 30 November 2018

Credit balance as per bank statement Add: Outstanding deposits

Less: Un-presented cheques and payments

732 115.00

733 235.00

734 327.00

Debit balance as per cash book Books of Sing & Smile Ltd

(Extract) Cash Receipts Journal

$

1,240.00 22,251.00

677.00 21,574.00

(Extract) Cash Payments Journal

21,011.00

Date

4/12 A Cove 9/12 Nat Aus PoS 11/12 Receipts 16/12 W Butler 18/12 Receipts 20/12 Receipts 30/12 Receipts

$

Date 2/12

4/12 12/12 16/12 18/12 22/12 18/12

20/12 27/12

Cheque/ Pymnt D/ card #109876 D/Card #1122567 Cheque 735

J Moran

S Byford Cheque 736

M Banford Cheque 737 Cheque 738 D/Card #222280 Cheque 739

$

752.00

2,156.00 1,105.00 866.00 432.00 696.00 433.00 1,100.00 840.00 5,481.00 1,025.00 14,886.00

5,216.00 4,211.00 1,620.00 2,166.00 1,349.00 2,966.00 4,000.00

21,528.00

Required:

Complete the extracts of the Cash Receipts & Cash Payment Journals Complete the Cash Balance Summary

Prepare bank reconciliation as at 31 December 2018.

8

LA023519 Assessment 5, FNSACC311, Ed 2 & 3

New South Wales Technical and Further Education Commission, 2018 (TAFE NSW), Archive Ver