18 On 30 September 2022 the bank column of Sam’s cash book showed a balance of

$2 640 Dr which did not agree with his bank statement balance of $4 079 Cr on the
same date.
He discovered the following differences.
• A direct debit, $148, had been entered in the cash book as $184 and bank charges,
$182, had not been entered in the cash book.
• A cheque received, $260, and cheques issued totalling $1 845 had been entered
in the cash book but had not yet been processed by the bank
(a) Calculate the updated bank balance in Sam’s cash book at 30 September 2022.
(3)

................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b) Prepare the bank reconciliation statement at 30 September 2022.

(5)

Sam
Bank reconciliation statement at 30 September 2022

Updated bank balance per cash book

(c) State two features of a direct debit.

(2)

1 ............................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 ............................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

20
*P65886A02024* 
 2. On 31 March 2023 Xi’s cash book showed a credit balance of $483
13
The bank statement on that date showed a credit transfer from Yung, $825, which

DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
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had not been entered in the cash book.
At 31 March 2023, the following had not yet been processed by the bank:
• outstanding lodgements, $276
• unpresented cheques, $107
Prepare a bank reconciliation statement at 31 March 2023.
Xi
Bank Reconciliation Statement at 31 March 2023

Updated cash book balance

(Total for Question 13 = 5 marks)

TOTAL FOR SECTION A = 25 MARKS

8
*P72944A0828* 