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Business, 30.11.2020 22:20 tnassan5715

1. The cash book of Aireville Limited was balanced on 31 December 2015 and showed an overdraft of S3420. On the same date, the bank statement showed an overdraft of $1800.
A comparison of the cash book and the bank statement revealed the following
s
1
Items appearing only on the bank statement
Bank charges
Dishonoured cheque, PB Limited
190
330
2
Items appearing only in the cash book
Cash sales paid into bank 28 December 2015
Cheque paid to M Raja, a credit supplier
1560
2700
3
Debit side of the cash book being undercast
1000
REQUIRED
(a) Update the cash book of Aireville Limited.
Bring down the updated bank balance on 1 January 2016.
Aireville Limited
Cash book (bank columns only)
Date
Details
S
Date
Details
S
2016
Jan 1
Balance b/d
3420
[4]

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Answers: 2

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1. The cash book of Aireville Limited was balanced on 31 December 2015 and showed an overdraft of S...

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