Make bank recondition schedule for awash company

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On august 31,2006 the cash ledger account in awash international company shows a debit balance of birr 82,461 while the bank statement provided by Abyssinia bank indicates a balance of birr 110,632. in addition the checks, which were issued but not paid by during this month totals birr 11,458. credit memorandums send by the bank indicated that notes receivable left with the bank for birr 10,200 hand been collected and credited for 10,240 birr including interest revenue of birr 40. In addition the maturing value of treasury bill birr 20,000 collected during this month. The bank acquired for awash company at a discount for 18,800 and had been recorded at a cost in the short term investment ledger account by awash company. the bank statement included in for 521 birr drown by ABC company (creditor) returned and marked as NSF. Check number 1334 issued for 328 birr hand been recovered by bank as 382. birr.

Question 1: Make the necessary journal entries?

Question 2: Make bank recondition schedule for awash company for the month of august?

Reference no: EM132600127

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