Mark Trading's Cash Book (Bank columns only) for the month of April 2022 was as follows:...

 

Transcribed Image Text:

Mark Trading's Cash Book (Bank columns only) for the month of April 2022 was as follows: Dr. 2022 April 1 Bal Cash 3 10 Daisy 18 Cash 2022 April 1 4 5 6 23 Esther 30 Cash 30 Bal (a) (b) April The following Bank Statement was received in early May 2022: Bank Statement (c) 2022 S 8,600 April 1,360 2,080 4,864 770 200 14 Balance brought forward Cheque No: 200107 Cash Error corrected - 29 Mar 30 Petty Cash 30 10 George 12 Banker's Order - Office Insurance 12 Daisy 15 Credit transfer - Donald 20 Cash 25 Chris (i) (ii) 8 George 13 Jill 23 Chris 28 Petty Cash Interest on Structural Deposit Explain the following in your own words: Banker's order; Credit transfer. 1,000 Payments Receipts 5,190 1,300 Cheque No 10,100 230 200110 200112 200116 200117 1,360 900 2,080 510 4,864 185 Cr. S 5,190 2,370 10,100 200 Balance: $ Additional information: It was discovered that the bookkeeper of Mark Trading had recorded the transaction on 28 April 2022 wrongly. Required: 8,700 7,700 9,060 9,960 4,770 3,470 5,550 6,060 10,924 Bring the Cash Book up to date. (8 marks) Prepare a Statement to reconcile the difference between your amended Cash Book balance and the balance in the Bank Statement on 30 April 2022. (8 marks) 824 594 779 (4 marks) Mark Trading's Cash Book (Bank columns only) for the month of April 2022 was as follows: Dr. 2022 April 1 Bal Cash 3 10 Daisy 18 Cash 2022 April 1 4 5 6 23 Esther 30 Cash 30 Bal (a) (b) April The following Bank Statement was received in early May 2022: Bank Statement (c) 2022 S 8,600 April 1,360 2,080 4,864 770 200 14 Balance brought forward Cheque No: 200107 Cash Error corrected - 29 Mar 30 Petty Cash 30 10 George 12 Banker's Order - Office Insurance 12 Daisy 15 Credit transfer - Donald 20 Cash 25 Chris (i) (ii) 8 George 13 Jill 23 Chris 28 Petty Cash Interest on Structural Deposit Explain the following in your own words: Banker's order; Credit transfer. 1,000 Payments Receipts 5,190 1,300 Cheque No 10,100 230 200110 200112 200116 200117 1,360 900 2,080 510 4,864 185 Cr. S 5,190 2,370 10,100 200 Balance: $ Additional information: It was discovered that the bookkeeper of Mark Trading had recorded the transaction on 28 April 2022 wrongly. Required: 8,700 7,700 9,060 9,960 4,770 3,470 5,550 6,060 10,924 Bring the Cash Book up to date. (8 marks) Prepare a Statement to reconcile the difference between your amended Cash Book balance and the balance in the Bank Statement on 30 April 2022. (8 marks) 824 594 779 (4 marks)

Answer rating: 100% (QA)

Solution Pade 2022 April 30 April 1s April 30 April 30 Preparation of cash book with u... View the full answer