adjusted cash at bank account and bank reconciliation 12 Rejected cheque from 3 Sep13 Cash14 Credit transfer: Mei Ling15 Cheque no: 100420 Standing order: Insurance26 Cheque no: 10052 5005401 6003 200180017004 300 DR7 500 CR9 300 CR8 760CRCRCR7 1608860bank account on Faith's cash at bank account for the month of September 2021 was shown below:Cash at bank accountDate2021Sep 138ParticularsBalance b/dChristine Holdings (Cheque no: 1002)Salaries (Cheque no: 1003)11 Sales revenue2021Sep 12Sinna (Cheque no: 1004)Date ParticularsBalance b/dCheque no: 10016Cheque no: 100210 Cheque no: 1003Debit($)Bank statement2 5003 2001315 Cody Trading21 Ning Enterprise25 High Deluxe (Cheque no: 1005)Faith received the following bank statement for the month of September 2021.8001 200Withdrawal($)Credit($)2 7002 700[18:18)5402 650Balance ($)Deposit ($)7 000 DR9 500 DR6 800 DR10 000 DR9 460 DR6 810 DR7 610 DR8 810 DR1 0002 500Balance ($)6 000 CR7 000 CR9 500 CR6 800 CR

Adjusted cash balance is the balance which as the name states has been adjusted so that the balance…

Answered: adjusted cash at bank account and bank…

Business

Accounting

adjusted cash at bank account and bank reconciliation

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter5: Internal Control And Cash

Section: Chapter Questions

Problem 2SEQ

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Concept explainers

Cash Book

So, before coming to the topic of cash books, I will let you briefly explain about the cash so that you all can be familiar with the word cash. Cash comes under the category of the current asset which is used as a medium of exchange for all the financial transactions in the firm. Cash is something that is universally accepted as a mode of payment. So, now comes to the topic i.e., cash book.

Question

adjusted cash at bank account and bank reconciliation

12 Rejected cheque from 3 Sep
13 Cash
14 Credit transfer: Mei Ling
15 Cheque no: 1004
20 Standing order: Insurance
26 Cheque no: 1005
2 500
540
1 600
3 200
1
800
1700
4 300 DR
7 500 CR
9 300 CR
8 760
CR
CR
CR
7 160
8
860
bank account on

Faith's cash at bank account for the month of September 2021 was shown below:
Cash at bank account
Date
2021
Sep 1
3
8
Particulars
Balance b/d
Christine Holdings (Cheque no: 1002)
Salaries (Cheque no: 1003)
11 Sales revenue
2021
Sep 1
2
Sinna (Cheque no: 1004)
Date Particulars
Balance b/d
Cheque no: 1001
6
Cheque no: 1002
10 Cheque no: 1003
Debit
($)
Bank statement
2 500
3 200
13
15 Cody Trading
21 Ning Enterprise
25 High Deluxe (Cheque no: 1005)
Faith received the following bank statement for the month of September 2021.
800
1 200
Withdrawal
($)
Credit
($)
2 700
2 700
[18:18)
540
2 650
Balance ($)
Deposit ($)
7 000 DR
9 500 DR
6 800 DR
10 000 DR
9 460 DR
6 810 DR
7 610 DR
8 810 DR
1 000
2 500
Balance ($)
6 000 CR
7 000 CR
9 500 CR
6 800 CR

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