From the information for R Snowy given in figure 8.31, you are required to prepare a bank reconciliation statement and cash balance summary and post the journals to the bank account in the general ledger. If any adjustments are required, assume that the bank statement is correct. However, the bank has advised that the credit entry on 22 February will be reversed next month, as it had been wrongly credited to the account.

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Debit balance as per bank statement [31 January 2022] add Outstanding remittance receipts less Unpresented remittance payments Credit balance as per general ledger Bank account Statement of account with Date 1 Feb 22 1 Feb 22 2 Feb 22 5 Feb 22 5 Feb 22 7 Feb 22 7 Feb 22 8 Feb 22 9 Feb 22 9 Feb 22 15 Feb 22 16 Feb 22 20 Feb 22 20 Feb 22 Bank Reconciliation Statement of R Snowy as at 31 January 2022 21 Feb 22 22 Feb 22 27 Feb 22 27 Feb 22 28 Feb 22 Particulars Brought forward Debit card #2115203 Cash/cheques deposit NatAus POS 4.2 Cheque #895961 NATURAL AUSTRALIA BANK LTD R Snowy Cash/cheques deposit Transfer #025743 Direct deposit P Subiaco Cheque dishonour L Cullivel Fee cheque dishonoured M Keira direct deposit Cash/cheques deposit NatAus PoS 20.2 Cheque #895966 Transfer to M Druitt Minna Murra deposit BPay S Cardup BPay P Daglish Bank charges Debit 625.86 310.41 522.90 205.06 7.50 753.47 392.38 Chq 895957 Chq 895961 Chq 895964 328.69 588.92 6.03 Credit 967.99 653.04 946.23 280.00 257.08 244.77 116.45 310.41 219.60 2 569.17 (466.21) 967.99 501.78 646.46 (144.68) Balance 218.55 Cr 1 164.78 Cr 641.88 Cr 878.43 1520.31 Cr 1315.25 Cr 1 307.75 Cr 1 587.75 Cr 1844.83 Cr 2 089.60 Cr 1336.13 Cr 943.75 Cr 3512.92 Cr 466.21 Dr 1092.07 Dr 124.08 Dr 528.96 Cr 3 184.23 Cr 2 595.31 Cr 2 589.28 Cr