The following information is available after the Cash Book of BotChiNam was compared with their Bank...

 

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The following information is available after the Cash Book of BotChiNam was compared with their Bank Statement at 31 December 2017. Information: The Cash Book showed an overdraft of N$10 100. The Bank Statement showed a debit balance of N$10 568. The deposit of NS7 654 does not appear on the Bank Statement. Cheques not yet presented for payment: • No. 01 NS805 No. 08 N$690 The bank recorded the following in the current bank account of BotChiNam: Credit card levy N$150 N8243 NS163 • Service fee Interest on overdraft A cheque for N$260 received from P. Karen was dishonoured by the bank. Discount allowed on this cheque was NS30. A payment by a debtor, D. Sunshine, for N$3 000 appears in the Bank Statement and not in the Cash Book. The Bank Statement showed a debit order for N5693 in favour of Deadsure for an insurance premium. T. Strong, a tenant, deposited his monthly rent directly into the bank account, NS4 200 Required: 21 Draw up the Cash Book of BotChiNam on 31 December 2017. (10) Prepare the Bank Reconciliation Statement on 31 December 2017. (5) 2.2 The following information is available after the Cash Book of BotChiNam was compared with their Bank Statement at 31 December 2017. Information: The Cash Book showed an overdraft of N$10 100. The Bank Statement showed a debit balance of N$10 568. The deposit of NS7 654 does not appear on the Bank Statement. Cheques not yet presented for payment: • No. 01 NS805 No. 08 N$690 The bank recorded the following in the current bank account of BotChiNam: Credit card levy N$150 N8243 NS163 • Service fee Interest on overdraft A cheque for N$260 received from P. Karen was dishonoured by the bank. Discount allowed on this cheque was NS30. A payment by a debtor, D. Sunshine, for N$3 000 appears in the Bank Statement and not in the Cash Book. The Bank Statement showed a debit order for N5693 in favour of Deadsure for an insurance premium. T. Strong, a tenant, deposited his monthly rent directly into the bank account, NS4 200 Required: 21 Draw up the Cash Book of BotChiNam on 31 December 2017. (10) Prepare the Bank Reconciliation Statement on 31 December 2017. (5) 2.2

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The following information is given in the question Over draft a... View the full answer