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22.Abdulla's cash book (bank column) had a debit balance of $ 515 on 30 April 2003. This did not agree with the bank statement of the same date which showed a balance of $290. The cash book was checked against the bank statement and the following differences were found: • Cheques totaling $ 620 issued to trade payables had not been presented to the bank for payment. An amount of $ 950 paid into the bank did not appear on the bank statement. • Cash sales deposited into the bank amounting to $390 had been omitted from the cash book. The bank had received $ 150 by credit transfer (bank giro) from Klerk for Abdulla's account. Abdulla had not been advised. • Acheque for $ 315 received from Joseph had been paid into the bank but it had now been returned unpaid. No action has been taken by Abdulla. The following transaction by the bank had not been recorded in the cash book: bank charges $ 120 (a) Prepare an updated and balanced cash book Abdulla Cashbook

22.Abdulla's cash book (bank column) had a debit balance of $ 515 on 30 April 2003. This did not agree with the bank statement of the same date which showed a balance of $290. The cash book was checked against the bank statement and the following differences were found: • Cheques totaling $ 620 issued to trade payables had not been presented to the bank for payment. An amount of $ 950 paid into the bank did not appear on the bank statement. • Cash sales deposited into the bank amounting to $390 had been omitted from the cash book. The bank had received $ 150 by credit transfer (bank giro) from Klerk for Abdulla's account. Abdulla had not been advised. • Acheque for $ 315 received from Joseph had been paid into the bank but it had now been returned unpaid. No action has been taken by Abdulla. The following transaction by the bank had not been recorded in the cash book: bank charges $ 120 (a) Prepare an updated and balanced cash book Abdulla Cashbook

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5E
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22.Abdulla's cash book (bank column) had a debit balance of $ 515 on 30 April 2003. This did not agree with the bank statement of the same date which showed a balance of $290. The cash book was chedcked against the bank statement and the following differences were found: • Cheques totaling $ 620 issued to trade payables had not been presented to the bank for payment. An amount of $ 950 paid into the bank did not appear on the bank statement. Cash sales deposited into the bank amounting to $390 had been omitted from the cash book. The bank had received $ 150 by credit transfer (bank giro) from Klerk for Abdulla's account. Abdulla had not been advised. • Acheque for $ 315 received from Joseph had been paid into the bank but it had now been returned unpaid. No action has been taken by Abdulla. The following transaction by the bank had not been recorded in the cash book: bank charges $ 120 (a) Prepare an updated and balanced cash book Abdulla Cashbook Date Details Date Details (101
Transcribed Image Text:22.Abdulla's cash book (bank column) had a debit balance of $ 515 on 30 April 2003. This did not agree with the bank statement of the same date which showed a balance of $290. The cash book was chedcked against the bank statement and the following differences were found: • Cheques totaling $ 620 issued to trade payables had not been presented to the bank for payment. An amount of $ 950 paid into the bank did not appear on the bank statement. Cash sales deposited into the bank amounting to $390 had been omitted from the cash book. The bank had received $ 150 by credit transfer (bank giro) from Klerk for Abdulla's account. Abdulla had not been advised. • Acheque for $ 315 received from Joseph had been paid into the bank but it had now been returned unpaid. No action has been taken by Abdulla. The following transaction by the bank had not been recorded in the cash book: bank charges $ 120 (a) Prepare an updated and balanced cash book Abdulla Cashbook Date Details Date Details (101
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