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Complete the cash journals, general ledger bank account, and bank reconciliation statement for January 2021, including direct deposits.
Accounting
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Here's the completion of the cash journals, general ledger bank account, and bank reconciliation statement.
Step 1: Complete the Cash Receipt Journal (CRJ) for January 2021.
We need to add direct deposits from the bank statement that are not yet recorded in the CRJ.
- 2 Jan Electronic transfer (Icon Traders): R2,200
- 5 Jan Deposit: R1,800
- 11 Jan Electronic transfer (S Sly): R1,680
- 28 Jan Electronic transfer (S Mart): R2,400
The existing entries are:
- CRT 2 Sales: R1,900
- 23 8 H Lene: R4,
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