Read the Fallowing and answer the questions that follow:

Your business cash book balance on 30 June 2023 reflected a balance of R40 000. The bank statement balance on the same date was R5 000.
A comparison of the cashbook and the bank statement for June 2023 reveals the following:
1. Interest of R3 900 on the favorable balance has not been entered in the cashbook.
2. A deposit of R25 360 has been incorrectly entered into the cashbook as R25 630
3. A deposit of R11 000 made on 28 June 2023 is not reflected on the bank statement.
4 An EFT of R45 000 from a client has not been entered in the cashbook.
5. A debit order in favor of Nedbank for R28 236 appears on the bank statement only.
6. Bank charges in the amount of R2 000 have been debited to your bank account.
7. An EFT payment to a client for R14 000 on 30 September 2022 scheduled for payment on 1 July 2023 appears only in the cashbook.
8. A deposit of R41 000 which was entered in the cashbook does not appear on the bank statement.
9. A trust deposit of R12 606 has erroneously been credited to the business account.

Required
Provide the Supplementary Cash Book for June 2023.
Provide the Bank Reconciliation Statement as at 30 June 2023.

Answer rating: 100% (QA)

Answer Supplementary Cash Book for June 2023 Date Description Cash Receipts Cash Payments Balance 30 ... View the full answer