Refer to the two financial records, the cash book and the Bank statement below to prepare a Bank Reconciliation statement.

The final balance shown in the Bank Statement is K 500.

• DS7 (K 30) is in the Cash Book and also appears as C/C (K 30) in the Bank Statement. So, it is not outstanding.
• DS8 (K 50) is in the Cash Book but not in the Bank Statement. Total Deposits not credited = K 50.

• Cheque 106 (K 300) is in the Cash Book and also appears as 106 (K 300) in the Bank Statement. So, it is not outstanding.
• Cheque 107 (K 70) is in the Cash Book but not in the Bank Statement. Total Unpresented cheques = K 70.

Q2. Mary just checked her bank statement and found that cheque no. 1275 (K90.00) and 1280 (K70.00) have not been presented to the bank for payments. Her cash book shows a balance of K 487.00 and the bank statement a balance of K647.00. Prepare a Bank Reconciliation Statement.

• Balance as per Bank Statement = K 647.00
• Balance as per Cash Book = K 487.00

• Cheque 1275 = K 90.00
• Cheque 1280 = K 70.00 Total Unpresented cheques = K 90.00 + K 70.00 = K 160.00.

Q3. Brown a local business man has checked his cash book balance against the latest bank statement and found out that: A: a deposit of K547.00 has not yet been credited to his account by the bank. B: Cheque nos. 15942 (K62.00) and 15955 (K399.00) have not been presented to the bank for payment. He's cash book shows a balance of K7438.00 and the bank statement a credit balance of K 7352.00. Prepare a bank reconciliation Statement.

• Balance as per Bank Statement = K 7352.00
• Balance as per Cash Book = K 7438.00

• Deposit = K 547.00

• Cheque 15942 = K 62.00
• Cheque 15955 = K 399.00 Total Unpresented cheques = K 62.00 + K 399.00 = K 461.00.