Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. q2. marks) (15 marks/ =) on 6 january 2018, bruce

Q2. Marks) (15 Marks/ =) On 6 January 2018, Bruce Enterprise received its bank statement...

60.1K

Verified Solution

Question

Accounting

image
Q2. Marks) (15 Marks/ =) On 6 January 2018, Bruce Enterprise received its bank statement of December 2017 which contained the following details: Bank Statement As At 31 December 2017 Date Transaction Details DR CR Balance Dec, 2017 01 Balance bf 02 Cash 31,400,000 12 Cash 37,500,000 14 Cheque (41002) 15,250,000 14 Sundries 6,280,000 15 Cheque (41003) 30,000,000 19 Cash 17,500,000 26 Cash 29 42,500,000 Cheque (41005) 24,000,000 30 Bank Charges 2,275,000 31 Credit Transfer 6,400,000 For the corresponding period, Bruce Enterprise's Cash Book contained the following: DR Bank Account Dec 2017 Dec. 2017 247,120,000 278,520,000 316,020,000 300,770,000 307,050,000 277,050,000 294,350,000 337,050,000 313,050,000 310,775.000 317.175.000 CR 01 Balance bf 05 Sales 12 Sales 14 S.Q Tijani 19 Sales 26 Sales 31 B. Steve 27,120,000 31,400,000 37,500,000 6,280,000 17,500,000 42,500,000 7470.000 389,770,000 02 A Ali 13 Way Ltd 15 Cash 29 B. Simmons 31 A. Francis 31 Balance od (41001) (41002) (41003) (41004) (41005) 35,825,000 15,250,000 30,000,000 60,000,000 24,000,000 224,695,000 389,770,000 01/01/2018 Balance b/d 224,695,000 You are required to prepare: 1) Revised Cash Book Bank Reconciliation Statement as at 31 December 2018

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1400 1500 1500 1600 1600 1700 1700 1800 1800 1900 1900 2000 3 5 3...

Basic Math
Q

Include all the information below about Skin color and sun exposure : ( its genetic mutation(s), and...

Biology
Q

Compare atrial and ventricular systole and diastole

Medical Sciences
Q

Your task is to develop quantified Risk models of two Risks of interest to you. This...

Civil Engineering
Q

A new model of transgenic vole was created in which all females are spontaneously maternal. Which...

Biology
Q

What Properties Describe Matter You have probably heard the word matter used many times As...

Biology
Q

Part III Is there a net gain or loss of ATP during the transport of...

Biology
Q

1 Suppose we want to solve the cubic x Ax Bx C 0 To use...

Geometry
Q

Find the values of a and b that make f continuous everywhere a b f...

Calculus
Q

Compute using Euler Sum Formula logn

Algebra
Q

assume that 1 october 2022 wow purchases a solar powered shopping center for$ 2100000paying $350000...

Accounting
Q

Section 2: After-Tax Analysis of the New Equipment (i.e., Challenger) Table Column Headings A: Before-Tax...

Accounting