We following information relates to Montso Stores for March 2020
REQUIRED:
1.1
Update the...
Business, 24.03.2021 19:50 cynayapartlow88
We following information relates to Montso Stores for March 2020
REQUIRED:
1.1
Update the Cash Journals for March 2020 by taking into account entries on the
bank statement. Start with the provisional totals in B.
(17)
12 Prepare the Bank Account on 31 March 2020
1.3
(5)
Prepare the Bank Reconciliation Statement fer March 2020.
INFORMATION:
A. The balance in the Bank Account in the General Ledger on 1 March 2020
was R12 340 (favourable)
B. Cash Journals for March 2020 (before checking the bank statement)
CASH RECEIPT JOURNAL - MONTSO STORES - MARCH 2020
४
Doc
Day
Details
Bank
Sales
Amount
Details
Cost of
salos
58 960
Capital
Rec 1
Cnr 1
Crr 2
Cr3
Crr 4
1
7
14
21
28
Montso
Cash
Cash
Cash
Cash
Analysis of
analyses
58 960
18 000
15 000
6 000
21 000
58 960
18 000
15 000
6 000
21 000
18 000
15 000
6 000
21 000
12 000
10-000
4 000
14 000
5356
118 960
60 000
40 000
58 960
Amount
Details
CASH PAYMENT JOURNAL MONTSO STORES - MARCH 2020
Doc Day Details
Bank Trading Stationery Consuma-
stock
ble stores
EFT1 1 AA Stores
10 000 6 000 4 000
EFT2 2 BB Traders
2 500
2 500
EFT3 8 CC Stores
5 000 2 700 2 300
EFT4 17 DD Suppliers
7 000
EFT5 21 EE Stores
3 500 3500
EFT6 30 QO Stores
12 400 12 400
40 400 24 600
2 500
7 000
Repairs
6 300
7 000
C.
BANK STATEMENT - MONA BANK
DATE
AMOUNT
DETAILS
BALANCE
Answers: 2
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