4.
FBC limited
Adjusted Cash Receipts Journal at March 2015
Date
Details
March 2015
01
Balance
02
Sales (debtors)
17
Mr A (debtor)
30
FBC limited

FBC limited
Adjusted Cash Payment Journal at March 2015
Date
Details
March 2015
01
Balance
01
Payment cheque no 1017
02
Services
17
Dishonoured cheque
24
Drawings cheque no 191

Bank
$
2 327
300
35
314
2 976

Bank
$
2 095
165
41
70
67
2 438

FBC limited
Adjusted Cash Journal at March 2015
DR
CR
Date
Details
Bank($) Date
Details
Bank($)
Mar2015
Mar2015
01
Balance
2 327
01
Balance
2 095
02
Sales (debtors)
300
01
Payment no1017
165
17
Mr A (debtor)
35
02
Services
41
30
FBC limited
314
17
Dishonoured
70
24
Drawings 191
67
31
Balance c/d
538
2 976
2 976
April 01

Balance b/d

538

Workings
Correcting journal entries
Date
Details
17
17
24
30
02
01
02

Bank
FBC limited
Debtors
Bank
MD personal Drawings account
Bank
Bank
FBC limited
Services
Bank
Payment no 1017
Bank
Bank
Sales

DR
$
35

CR
$
35

70
70
67
67
314
314
41
41
165
165
300
300

FBC LIMITED
Bank Account for March 2014
DR
CR
Date
Details
Bank($) Date
Details
Bank($)
Mar2015
Mar2015
01
Balance b/d
6 522
01
Payment no1017
165
02
Sales (debtors)
300
02
Services
41
17
Mr A (debtor)
35
17
Dishonoured
70
30
FBC limited
314
24
Drawings 191
67
31 cash 538
31
Balance c/d
7 366
7 709
April 01

Balance b/d

7366

7 709

FBC LIMITED
Bank reconciliation statement at 31 March 2015
Balance as per bank statement
Add banking’s not yet on bank statement ( $350 +$ 217)

$
6 522
567
7 089

Less unpresented cheques

165

Balance as per cash book

6924