opening balances 1 July 2019 Petty cash 5000 Bank 80550Provide journal entries and cash book entires in the petty cash book and current account cash book

Cash BookCr2019$2019$1-JunBalance b/d4,2305-JunR. Red5407-JunP. Ryan18612-JunJ. Rebus1,55716-JunG. Grey22516-JunY. Yale12328-JunJ. Jim67229-JunBlister Disco6630-JunT. Fling1,74630-JunBalance c/d4,7737,0597,059 Bank StatementJune 2019DrCrBalance$$$1Balance b/d4,2307Cheque1864,4165R. Red5403,87616Cheque2254,10117J. Rebus1,5572,54418Y. Yale1232,42128Cheque6723,09329SLM standing order1562,93730G.Rice: trader's credit1923,12930Bank charges1293,000 As the accountant, you have been asked to do the following:a.     Prepare an updated cashbook for the monthb.     Prepare a bank reconciliation statement for the month

Cash at bank Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 2 Capital 20000 20000 Dr 7 Sales 4000 24000 Dr 14 Purchases 1500 22500 Dr 17 Creditor XYZ Ltd 3000 19500 20 Sales 1500 21000 23 Debtor Jason 1900 22900 26 Creditor XYZ Ltd 1500 21400 Furniture Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 2 Cash at bank 5000 5000 Capital Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 2 Cash at bank 20000 20000 Cr Furniture 5000 25000 Cr Account Title: Purchases______________________________________ Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 4 Cash at bank 5500 5500 14 Cash at bank 1500 6500 Account Title: Creditor XYZ Ltd_______________________________________ Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 4 Purchases 5500 5500 10 Purchase returns 1000 6500 17 Cash at bank 2940 3560 Discount received 60 3500 26 Cash at bank 1500 2000 Account Title: Sales _______________________________________ Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 7 Cash at bank 4000 4000 14 Debtor- Jason 2500 1500 20 Cash at bank 1500 3000 Account Title: Purchases returns_______________________________________ Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 10 Creditor XYZ Ltd 1000 1000 Account Title: Debtor- Jason_______________________________________ Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 14 Sales 2500 2500 17 Sales returns 600 1900 23 Cash at bank 1862 38 Discount allowed 38 - Account Title: Discount received______________________________________ Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 17 Creditor XYZ Ltd 60 60 Cr Account Title: Sales returns_______________________________________ Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 17 Debtor- Jason 600 600 Account Title: Discount allowed_______________________________________ Date Particulars Folio Ref Debit (K) Credit (K) Balance (K) Jan 23 Debtor- Jason 38 38 Dr Change all these columnar accounts to T format accounts

A company had a debit bank balance of R50,000 on 1 August 2017. During August, total payments were R640,000 and total receipts were R595,000. Bank charges of R15,000 had not yet appeared on the bank statement. What is the cash book balance at 31 August 2017?Group of answer choicesA. R10,000 balanceB. R5,000 balanceC. R5,000 overdrawnD. R10,000 overdrawn

Required informationSkip to question[The following information applies to the questions displayed below.]The bookkeeper at Jefferson Company has not reconciled the bank statement with the Cash account, saying, “I don’t have time.” You have been asked to prepare a reconciliation and review the procedures with the bookkeeper.The April 30, Current Year, bank statement and the April ledger account for cash showed the following (summarized):BANK STATEMENT  Checks Deposits BalanceBalance, April 1, Current Year     $31,600Deposits during April   $36,800 68,400Interest collected   1,220 69,620Checks cleared during April $45,800   23,820NSF check-A. B. Wright 310   23,510Bank service charges 160   23,350Balance, April 30, Current Year     23,350Cash (A)Debit CreditApril 1  Balance 25,100 April Checks written 44,000April Deposits 42,000    A comparison of checks written before and during April with the checks cleared through the bank showed outstanding checks at the end of April of $4,700 (including $2,900 written before and $1,800 written during April). No deposits in transit were carried over from March, but a deposit was in transit at the end of April.3. What was the beginning balance in the cash account in the ledger on May 1, Current Year?

If the opening balance of cash for April is $20,000, cash receipts are estimated to be $398,000 and cash payments are estimated as $300,000, the opening cash balance at the beginning of May is:  A. $118,000   B. $109,000  C. $69,000  D. $20,000