Accounts Journal Entries

Accounts / Bookkeeping Questions
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TASK 1............................................................................................................................................3
TASK 2............................................................................................................................................4
TASK 3............................................................................................................................................6
TASK 4............................................................................................................................................7
TASK 5..........................................................................................................................................16
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TASK 1
Cash balance summary and bank ledger account
Cash Balance Summary of A.Liu
Cash Receipts Cash Payments
Date Details Amount $ Date Details Amount $
02/ May Receipts 1446.52 01/
May
324875 1526.16
07/ May Receipts 3486.72 04/
May
324876 905.70
11/ May Receipts 1538.90 08/
May
324877 2404.38
11/ May Receipts 436.84 12/
May
324878 1702.86
12/ May Receipts 2360.20 15/
May
324879 1296.98
21/ May Receipts 1039.30 20/
May
324880 561.40
30/ May Receipts 846.76 28/
May
324881 1958.30
Total 11155.24 Total 10355.78
Bank Ledger account
Bank 100
Date Details Folio Debit Credit Balance
1/5 Balance b/d N/A $3,182.90 (Cr.)
Receipts:
3

1/ 5 Cash/ cheque deposit N/A 733.10
2/ 5 Cash/ cheque deposit N/A 1446.52
7/ 5 Cash/ cheque deposit N/A 3486.72
11/ 5 Cash/ cheque deposit N/A 1538.90
12/ 5 Cash/ cheque deposit N/A 436.80
18/ 5 Cash/ cheque deposit N/A 2360.20
26/ 5 Cash/ cheque deposit N/A 1039.30 11041.54 (Dr.)
Total 11041.54 7858.64 (Dr.)
Payments:
1/ 5 Cheque #324856 N/A 1526.16
5/ 5 Cheque #324856 N/A 934.02
12/ 5 Cheque #324877 N/A 2404.38
15/ 5 Cheque book fee N/A 50
17/ 5 Cheque #324879 N/A 1296.98
21/ 5 Cheque #324878 N/A 1702.86
24/ 5 L. Mami cheque dishonour N/A 551.56
24/ 5 Dishonour fee N/A 15
25/ 5 Cheque # 324876 N/A 905.7
31/ 5 Cheque #324880 N/A 561.40 9948.03 (Cr.)
Total 9948.03 2089.39 (Cr.)
31/ 5 Balance c/d 2089.39 (Cr.)
Bank reconciliation statement
Bank Reconciliation Statement as at May 31
Cheque No. $
Debit balance as per Bank Statement $2981.98
Add: Unpresented Cheques #324856 $934.02
Sub-total $3916
Less: Outstanding Deposits $733.10
Credit Balance per the Bank Ledger Account $3182.90
TASK 2
Recording journals entries to the account
General Journal GJ1
Date Details Debit Credit
30/11/15 Accumulated dep. a/c Dr. 13000
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