Reference no: EM132378968

Question

You are the Accountant of Mr. Hope Traders and you are given the following information relating to 31 August 2018 Financial year.

Cash book closing balance as at 31

August 2018 Dr N$ 1 560

The following information was discovered after you closed off the cash book for 31 August 2018.

1. Client Jone deposited N$ 2 000 directly in the bank account

2. Stop order was paid directly from the bank account of N$4 500 to Ms Van Wyk

3. Service fee was charged against the bank account N$ 100

4. The bank credited the bank account with interest on the credit balance with N$ 500

5. Payment to Mr. Kop of N$ 750 was not on the bank statement

6. Payment to Ms. Ziczac of N$ 250 was not on the bank statement

7. A deposit of 31 August 2018 was not on the bank statement: N$ 400

Prepare the following as at 31 August 2018.

1. Cash book

2. Bank Reconciliation