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Reconcile the bank account for Willie Willie Trading.
Accounting
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let's reconcile the bank account for Willie Willie Trading.
QUESTION 12
First, we need to identify all transactions in both the Cash Book (Record 1) and the Bank Statement (Record 2).
Record 1: Bank Account - Willie Willie (Cash Book)
- Nov 1: Balance B/Forward K890.00
- Nov 2: Electricity bill (CHQ 101) K100.00 (Payment)
- Nov 3: Deposit (DS1) K110.00 (Receipt)
- Nov 3: Happy (CHQ) K900.00 (Payment)
- *Final Balance
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