Question: Question 2 [ 2 4 Marks ] On 3 1 March 2 0 2 5 , a comparison of the bank statements with the cash
Question Marks On March a comparison of the bank statements with the cash journals of BotWalt Trading reflected the following: The bank statement showed a credit balance of R on March The bank account in the general ledger reflected a favourable balance of R on March Totals of the cash journals at March : Cash receipts journal R Cash payments journal R A Deposit amounting to R entered in the cash receipts journal on March has not been credited on the bank statement. The following cheques have not been presented for payment: R R R RThis cheque was drawn on January There appeared a debit of R on the bank statement. This amount was actually for BotWalt Trading. A Debtor, Mr Mandela, paid his account of R directly into the bank account, but this amount had not yet been recorded in the cash journal. A cheque for R received from a debtor on his account of R and deposited was marked R D on the bank statement. A deposit of R appearing on the bank statement, was reflected in the Cash journal as R Service charges of R and bank interest earned of R appeared on the bank statement. A stop order of R for Motor Vehicle insurance appeared on the bank statement but had not yet been entered in the Cash Journal. Required: Prepare the revised Bank Account as it should be presented in BotWalt Trading's General Ledger for the month ended March Adjustments may be entered directly into the Bank Account. Draw up the Bank Reconciliation Statement dated March
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