Question: Pls kindly assist me to solve this a assignment . 18,004.0 47,648 19-Jan-18 Cheque 599 0 CR 47,226 23-Jan-18 Bank charges for December 2017 422.00

Pls kindly assist me to solve this a assignment . 18,004.0

Pls kindly assist me to solve this a assignment .

18,004.0 47,648 19-Jan-18 Cheque 599 0 CR 47,226 23-Jan-18 Bank charges for December 2017 422.00 47,288 25-Jan-18 Quarterly interest received CR 45,688 27-Jan-18 Dishonoured cheque 1,600.00 CR 26,090.0 19,598 27-Jan-18 Cheque 598 0 14,550 30-Jan-18 Cheque 603 5,048.00 CR 29,050 CR 31-Jan-18 Lodgement 31-Jan-18 Standing order: rent first quarter 2018 27,000.0 0 2,050 CR The books and records of Yevugah show the followings transactions through the bank account for the month of January 2018: Payment Date S Aamount Receipts Amount Date GHS GHS 01/01/20 67,580.00 04/01/20 Cheque 18 597 18 Bal b/f 120.00 12/01/20 Lodgeme 06/01/20 Cheque 26,000.0 0 18 nt 4,660.00 18 598 16/01/20 Lodgeme 10/01/20 Cheque 18,004.0 0 18 nt 9,000.00 18 599 28/01/20 Lodgeme 14,700.00 11/01/20 Cheque 18 nt 18 600 1,420.00 12/01/20 Cheque 31/01/20 Lodgeme 18 nt 12,028.0 0 8,220.00 18 601 18/01/20 Cheque 11,898.0 0 18 602 20/01/20 Cheque 18 603 5,048.00 30/01/20 Cheque 84.00 18 604 29,558.0 0 18 Bal c/f 104,160.0 0 104,160. 00 Required: a) Reconcile the opening balance as per the cash book to the balance as per the bank statement. (2 marks) b) Prepare the adjusted cash book for the month of January 2018. (10 marks) c) Prepare a statement on 31 January 2018, reconciling the adjusted cash book with the bank statement balance. (4 marks) d) Explain, with the aid of relevant examples, TWO (2) reasons for preparing bank reconciliation on a regular basis. (4 marks) 31/01/20 62.00 14,500.0 0 CR CR 18,004.0 47,648 19-Jan-18 Cheque 599 0 CR 47,226 23-Jan-18 Bank charges for December 2017 422.00 47,288 25-Jan-18 Quarterly interest received CR 45,688 27-Jan-18 Dishonoured cheque 1,600.00 CR 26,090.0 19,598 27-Jan-18 Cheque 598 0 14,550 30-Jan-18 Cheque 603 5,048.00 CR 29,050 CR 31-Jan-18 Lodgement 31-Jan-18 Standing order: rent first quarter 2018 27,000.0 0 2,050 CR The books and records of Yevugah show the followings transactions through the bank account for the month of January 2018: Payment Date S Aamount Receipts Amount Date GHS GHS 01/01/20 67,580.00 04/01/20 Cheque 18 597 18 Bal b/f 120.00 12/01/20 Lodgeme 06/01/20 Cheque 26,000.0 0 18 nt 4,660.00 18 598 16/01/20 Lodgeme 10/01/20 Cheque 18,004.0 0 18 nt 9,000.00 18 599 28/01/20 Lodgeme 14,700.00 11/01/20 Cheque 18 nt 18 600 1,420.00 12/01/20 Cheque 31/01/20 Lodgeme 18 nt 12,028.0 0 8,220.00 18 601 18/01/20 Cheque 11,898.0 0 18 602 20/01/20 Cheque 18 603 5,048.00 30/01/20 Cheque 84.00 18 604 29,558.0 0 18 Bal c/f 104,160.0 0 104,160. 00 Required: a) Reconcile the opening balance as per the cash book to the balance as per the bank statement. (2 marks) b) Prepare the adjusted cash book for the month of January 2018. (10 marks) c) Prepare a statement on 31 January 2018, reconciling the adjusted cash book with the bank statement balance. (4 marks) d) Explain, with the aid of relevant examples, TWO (2) reasons for preparing bank reconciliation on a regular basis. (4 marks) 31/01/20 62.00 14,500.0 0 CR CR

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