Bank Reconciliation Statement: Preparation of Adjusted Cash Book - SS2 Accounting Past Questions and Answers - page 1
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The following are transactions that have been entered into a bank statement for FUNTECH Ltd. for July 2022, with debit and credit columns:
|
Date |
Particulars |
Withdrawals (₦) |
Deposits (₦) |
|
July 1 |
Beginning Balance |
500000 |
|
|
July 3 |
Deposit of customer cheque |
100000 |
|
|
July 7 |
Purchase of office supplies from XYZ Ltd. |
15000 |
|
|
July 10 |
Transfer to supplier ABC Ltd. |
50000. |
|
|
July 15 |
Interest earned on fixed deposit |
3000 |
|
|
July 18 |
Payment of electricity bill |
12000 |
|
|
July 20 |
Withdrawal by check |
30000 |
|
|
July 25 |
Bank charges |
500 |
|
|
July 27 |
Receipt of customer payment |
70000 |
|
|
July 30 |
End-of-Month Balance |
516500 |
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