Answer to Question #127431 in Accounting for Letlhogonolo

Question

Bank statement from Standup Bank for January 2020
DATE DETAILS DEBIT CREDIT BALANCE
Balance 450 000
06 Cheque B1 8 000 442 000
08 Cheque B2 2 500 439 500
09 Deposit 60 000 499 500
13 Cheque B3 20 000 479 500
15 Deposit 75 000 554 500
16 Cheque B4 4 000 550 500
18 Cheque B5 6 000 544 500
25 Cheque B6 500 544 000
27 Deposit 105 000 649 000
30 Interest earned 2 000 651 000
31 Bedelia Properties
(Stop order)
3 000 648 000
31 Bank charges 400 647 600

Q.6.3 Bank Account in the General Ledger.
Properly balance/close off this account.
(7)
Q.6.4 Bank Reconciliation Statement. (5)

Answer 1

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