Question one.

a) Explain the term "bank reconciliation" and state the reasons for its preparation.

(b) Ssemakula, a sole trader received his bank statement for the month of June 2001. At that date

the bank balance was Sh. 706,500 whereas his cash book balance was Sh.2, 366,500.

His accountant investigated the matter and discovered the following discrepancies:

1. Bank charges of Sh.3, 000 had not been entered in the cashbook.

2. Cheques drawn by Ssemakula totaling Sh.22, 500 had not yet been presented

to the bank.

3. He had not entered receipts of Sh.26, 500 in his cashbook.

4. The bank had not credited Mr Ssemakula with receipts of Sh.98, 500 paid into

the bank on 30 June 2001.

5. Standing order payments amounting to Sh.62, 000 had not been entered into

the cashbook.

6. In the cashbook Ssemakula had entered a payment of Sh.74, 900 as Sh.79,

400.

7. A cheque for Sh.15, 000 from a debtor had been returned by the bank marked

"refer to drawer" but had not been written back into the cashbook.

8. Ssemakula had brought forward the opening cash balance of Sh.329, 250 as a

debit balance instead of a credit balance.

9. An old cheque payment amounting to Sh.44, 000 had been written back in the

cashbook but the bank had already honored it.

O + 9 iii. A second point charge +q is placed to the right of the Gaussian surface as shown. 1. Is the value of 1 greater than, less than, or equal to the value of P in part iii? Explain. 2. Is the value of the flux through the entire Gaussian surface greater than, less than, or equal to the value of the flux through the entire Gaussian surface in part iii? Explain. (Hint: Recall Gauss's Law.)3) Which of the following statements about Gauss's law are correct? (There may be more than one 3) correct choice.) A) The electric flux passing through a Gaussian surface depends only on the amount of charge inside that surface, not on its size or shape. B) If there is no charge inside of a Gaussian surface, the electric field must be zero at points of that surface. C) Only charge enclosed within a Gaussian surface can produce an electric field at points on that surface. D) Gauss's law is valid only for symmetric charge distributions, such as spheres and cylinders. E) If a Gaussian surface is completely inside an electrostatic conductor, the electric field must always be zero at all points on that surface.Partial Question 5 0.5 / 1 pts Which of the following statements about Gauss's law are correct? (There may be more than one correct choice.) The electric flux passing through a Gaussian surface depends only on the amount of charge inside that surface, not on its size or shape. O Gauss's law is valid only for symmetric charge distributions, such as spheres and cylinders. V If a Gaussian surface is completely inside an electrostatic conductor, the electric field must always be zero at all points on that surface. If there is no charge inside of a Gaussian surface, the electric field must be zero at points of that surface. Only charge enclosed within a Gaussian surface can produce an electric field at points on that surface