2. Use the following account to prepare a cash book amendmentand a reconciliationCash book (Bank column)DateDetailsAmountDateDetailsAmountJan. 1Adomako32,000Jan. 6| ABC Ltd.8,0004,0002,00012,00014,0004,0007 Wages8 RentAddo & Addo6,0004,00022,00010,00014,00010Boakye Farms12 Adams Ent.15 Y. Boasiako20| K. Оррong13Samuel Ltd.20Boahen Ent.24Owusu Ansah20,00016,000124,00031 Dan & Dan Ltd31 Bal. c/d8,00072,000124,00030Anto31BoaduBank StatementCredit32,000|6,000DateDetailsDebitBalance32,00038,00030,00029,80025,80023,80027,80027,20015,200|49,20071,200|70,80056,80066,80080,80076,800Jan. 1Adomako2Addo & Addo8,0002004,0002,0006.ABC Ltd.Bank charges7Wages8RentBoakye FarmsInterest on loan104,0001160012Adams Ent.12,00034,00022,00013Ewiase Kwasi13Samuel Ltd.400SubscriptionsY. Boasiako131814,00010,00014,00020Boahen Ent.27Owusu Ansah31К. Оррong4,000 3. From the information given below relating PWW Co., youare to:a. Adjust PWW Co.'s cash bookb. Prepare a bank reconciliation statement as at 31stOctober, 2012Cash book (bank column)2012 October DetailsWagesPetty CashWagesPetty CashWagesPetty CashA & SonsB & Co2012 October Details1 Bal b/dAmountAmount113513,1468Q Manufacturing|8R Cement11S Co3,4431551,1466383,106398811T & Sons5124,1741,426153,02911U & Co15|V Co15782292915 W Electrical8872213422 X & Asso.C & Co771,2022,8752226 Y Co22D & E26326 Z Co98222F & Co1,78229|АВС Со1,00322G Asso230722WagesPetty Cash29 DEE Co223,21729 GHI Co2,461229125H& Partners26J Sons & CoK & Co2686826107L, M & N0 & Co2666628112Wages|Petty CashP& Sons293,19129522956131Bal c/d84722,60622,606|BANK STATEMENT PWW CODEBITS CREDITS BALANCEREMARKSGH¢2012 OCT DETAILSGH¢GH¢11,1351 Cheque1 Cheque1 Cheque2 Cheque2 Cheque6 Cheque8 Sundry credit8 Cheque8 Cheque11 Sundry credit15 Sundry credit15 Cheque15 Cheque22 Sundry credit22 Cheque22 Cheque25 Cheque25 Cheque26 Cheque26 Sundry credit26 Cheque27 Cheque27 Cheque29 Sundry credit29 Cheque29 Cheque29 Cheque29 Dividends on1,0802,066553,146O/D2,4872,5602,715421O/D73O/D155O/D2122,927O/D1,6621,4441,4834,5893,10639O/DO/D5,3242,313783,8416,1546,0763,0474,2491,0323,0291,2023,217919411,782841O/D134975O/D9291,9041,953O/D3,8572301,7232631,460771,3835,5695,5174,186||523,19126,3262,3005,0282,728investment29 Cheque31 Bank charges4,3623,426666936

Cash Book Amendment: Date Details Amount Date Details Amount Jan31 Bal b/d 72,000 Jan 31 To…

2. Use the following account to prepare a cash book amendment and a reconciliation Cash book (Bank column) Date Details Amount Date Details Amount 8,000 4,000 2,000 12,000 14,000| 4,000 Jan. 1 Adomako 32,000 Jan. 6 ABC Ltd. 6,000 4,000| 22,000 10,000 14,000 7 Wages 8 Rent 12 Adams Ent. 2 Addo & Addo| 10 Boakye Farms 13 Samuel Ltd. 20 Boahen Ent. 15 Y. Boasiako 24 Owusu Ansah 20 K. Oppong 20,000 16,000 124,000 31 Dan & Dan Ltd 8,000 72,000 124,000 30 Anto 31 Вoadu 31 Bal. c/d Bank Statement Credit 32,000 6,000 Debit Balance 32,000 38,000 30,000| 29,800 25,800 23,800 27,800 27,200 15,200 49,200 71,200| 70,800 56,800 66,800 80,800 76,800 Date Details Jan. 1 Adomako Addo & Addo 8,000 200 4,000 2,000 6. ABC Ltd. Bank charges 7 Wages 8. Rent Boakye Farms Interest on loan 10 4,000 11 600 12 Adams Ent. 12,000 34,000 22,000 13 Ewiase Kwasi 13 Samuel Ltd. 13 400 Subscriptions Y. Boasiako 18 14,000 10,000 14,000 20 Boahen Ent. 27 Owusu Ansah 31 K. Oppong 4,000

2. Use the following account to prepare a cash book amendment and a reconciliation Cash book (Bank column) Date Details Amount Date Details Amount 8,000 4,000 2,000 12,000 14,000| 4,000 Jan. 1 Adomako 32,000 Jan. 6 ABC Ltd. 6,000 4,000| 22,000 10,000 14,000 7 Wages 8 Rent 12 Adams Ent. 2 Addo & Addo| 10 Boakye Farms 13 Samuel Ltd. 20 Boahen Ent. 15 Y. Boasiako 24 Owusu Ansah 20 K. Oppong 20,000 16,000 124,000 31 Dan & Dan Ltd 8,000 72,000 124,000 30 Anto 31 Вoadu 31 Bal. c/d Bank Statement Credit 32,000 6,000 Debit Balance 32,000 38,000 30,000| 29,800 25,800 23,800 27,800 27,200 15,200 49,200 71,200| 70,800 56,800 66,800 80,800 76,800 Date Details Jan. 1 Adomako Addo & Addo 8,000 200 4,000 2,000 6. ABC Ltd. Bank charges 7 Wages 8. Rent Boakye Farms Interest on loan 10 4,000 11 600 12 Adams Ent. 12,000 34,000 22,000 13 Ewiase Kwasi 13 Samuel Ltd. 13 400 Subscriptions Y. Boasiako 18 14,000 10,000 14,000 20 Boahen Ent. 27 Owusu Ansah 31 K. Oppong 4,000

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter8: Internal Control And Cash

Section: Chapter Questions

Problem 21E

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