Preparation cash book 7 A. Bank Reconciliation Statement 6 A. Cash Book 7 B. Bank Reconciliation Statement 6 A

ACCOUNTS

TABLE OF CONTENTS
Task 1........................................................................................................................... 4
A. Prepare purchase ledgers accounts.................................................................................4
B. Prepare purchase ledger control accounts.........................................................................4
C. Reconcile the control accounts balances with the ledger account balances................................5
TASK 2......................................................................................................................... 5
A. Prepare sales ledger control account............................................................................... 5
B. Update cash book...................................................................................................... 5
C. Bank reconciliation statement....................................................................................... 6
A. cash book............................................................................................................... 6
B. Bank Reconciliation Statement.................................................................................... 6
TASK 3......................................................................................................................... 7
A. Prepare weekly cash book........................................................................................... 7
A. Update the cash book................................................................................................. 7
B. Bank Reconciliation statement...................................................................................... 7
C. Prepare cash and BRS when cash were overdrawn.............................................................8
Bank Reconciliation statement......................................................................................... 8
TASK 6......................................................................................................................... 8
1. Calculate administrative expenses to be included in the trial balance.......................................8
2. Calculate the VAT figure on administration expenses for inclusion in the VAT control account......8
3. Update the VAT control account.................................................................................... 9
4. Trial balance............................................................................................................ 9

Task 1
A. Prepare purchase ledgers accounts
F Begum Account
Particulars Amount £ Particulars Amount £
Discount received £ 260.00 Balance B..d £ 2,120.00
Accounts payable £ 6,790.00 Purchase £ 9,440.00
Purchase returns £ 770.00
Balance c/d £ 3,740.00
£ 11,560.00 £ 11,560.00
J.Singh
Particulars Amount £ Particulars Amount £
Discount received £ 357.00 Balance b.d £ 4,005.00
Accounts payable £ 7,996.00 Purchases £ 9,995.00
Purchases return £ 275.00
Balance c/d £ 5,372.00
£ 14,000.00 £ 14,000.00
A. Patel
Particulars Amount £ Particulars Amount £
Balance c/d £ 35.00 Purchases £ 4,690.00
Purchase return £ 386.00
Contra £ 2,269.00
Balance c/d £ 2,000.00
£ 4,690.00 £ 4,690.00
B. Prepare purchase ledger control accounts
Purchase ledger control accounts
Particulars Amount £ Particulars Amount £
Return outward £ 1,431.00 Balance £ 11,112.00
Bills payable £ 14,786.00 F Begum £ 9,440.00
Discount received £ 617.00 J. Singh £ 9,995.00
A. Patel £ 4,690.00
Cash 2065
Balance c/d £ 20,468.00
£ 37,302.00 £ 37,302.00