Try to Reconcile the cash journal and bank statement shown. What differences you can see between the journal and the statement?

Cash journaL

Cash at bank

DATE CHEQUE DETAILS DEBIT CREDIT

14/1/XX 770981 PR SMITH AND SONS 28.95

16/1/XX 770982 CAR WORKS 257.95

16/1/XX 770983 OFFICE SUPLY CO 45.50

16/1/XX DEPOSIT CASH AND CHEQUE 750.25

18/1/XX 770984 CORNER SERVICE CENTRE 135.00

BANK STATEMENT

DATE DESCRIPTION DEBIT CREDIT BALANCE

14/1/XX OPENING BALANCE 17.025,46

16/1/XX YOUR CHEQUE 770982 257,95 16.767,51

16/1/XX AGENCY DEPOSIT 750,25 17.517,76

16/1/XX DIRECT CREDIT DOLLING 128,98 17.646,74

18/1/XX YOUR CHEQUE 770984 135.00 17.511,74

18/1/XX YOUR CHEQUE 770983 45.50 17.466,24

18/1/XX CLOSING BALANCE 17.466.24

notice the electricity account has been used instead of the Rent account for the sum of $750.00. try to make the relevant correction.

DATE DETAILS DEBIT CREDIT