19 questions in The cash book and bank reconciliation at Form 3 · JCE
Most triedMost missedNewest- State the use of the following columns in a Three Column Cash Book.
- Below is an extract of John's Cash Book on 30 June 2020.
- On 31 October 2020, John's Cash Book showed a debit balance of P1 200. On checking the Cash Book against the Bank Statement, it was discovered that t…
- Name a document that shows amount deposited into and withdrawn from a business account.
- Define what a contra entry is in relation to a Cash Book.
- Mageu withdrew P200 from the bank for business use on 4 June 2023. Describe how the transaction is recorded in the Cash Book.
- A business paid Lolly Pop (Pty) Ltd P1 200 less 10% cash discount. Calculate the amount that was paid to Lolly Pop (Pty) Ltd. Show your working.
- 2018 June 20: Tumisang Wholesalers paid ZBC (Pty) Ltd P400 by cheque. The bank account (running balance method) shows June 1 Balance b/d P1 000 DR. D…
- The debit side of a Three Column Cash Book has column headings labelled cash, bank and a missing heading labelled X.
- State two reasons why it is necessary for a trader to compare a business Cash Book with a business Bank Account (bank statement).
- Balance the Two Column Cash Book for Bana Enterprise given below.
- Describe an Updated Cash Book in relation to a bank reconciliation statement.
- In a three-column cash book, the discount allowed column is on the…
- Petty cash is used for…
- Cash paid into the bank is recorded in a two-column cash book as …
- Discount allowed is recorded in the cash book on the …
- A credit balance in the bank column of the cash book means …
- On 1 May 2024 Neo's cash book showed cash P300 and bank P1 800. During May: May 4 received P450 cash from a customer; May 9 paid rent P900 by cheque;…
- A trader's cash book shows a debit bank balance of P2 000. The bank statement shows bank charges of P50 and a credit transfer from a customer of P300…