6 Ottoman compared his cash book with the statement from his bank at 30
September 2010 and found the balance shown on the bank statement did not
agree with the balance in the bank column of his cash book.
a Give two reasons why the balance shown in a cash book might not agree
with the balance shown on a bank statement at the same date. 19
On 30 September 2010, the balance on Ottoman's cash book (bank column)
was $850 dr.
The balance shown on his bank statement was $1660. The cash book was
checked against the bank statement and the following differences were found
Cheques totalling $250 issued to trade payables had not been presented for
payment.
• Rent received of $800 paid directly into the bank on 30 September did not
appear in the cash book.
• Bank charges of $60 were shown on the bank statement but had not been
entered in the cash book.
• Cash sales recorded as $1200 were shown on the bank statement correctly
as $1500.
• A cheque received from Hans for $480 and deposited at the bank on 28
September had been entered in the cash book but has not yet been shown
on the bank statement.
b Make any additional entries which are required in Ottoman's cash book,
Balance the cash book at 30 September 2010 and find the adjusted balara
carried down.
Answers
Answer:
Ambedkar Nagar
P/139
Lucknow
Date:__________.
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