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FORMATION The following Information was obtained from the records of Starbuck Traders for June 2021: 1 Provisional totals in the cash Journals on 30 June 2021 were as follows: Cash Recipts Joumal R420 000 Cash Payments Journal R485 478 2 The bank account in the ledger of Starbuck Traders had a credit balance of R36 000 on 01 June 2021. 3 The bank statement received from Pesco Bank reflected the following that must be taken into account: 3.1 A debit balance of R135 300 on 30 June 2021. 32 Service fees R1 200 Cash deposit fees R270 Interest on overdraft R906 3.3 A stop order for R6 360 that was paid to Pesco Bank. The amount was for repayment of loan R5 400, and interest on loan, R960, 3.4 An electronic funds transfer to a creditor. KL Wholesalers, for RT 674. The entry was not recorded previously 3:5 A deposit of R15 600 for rent deposited by the tenant Compumouse. An electronic funds transfer (EFT for R20 070 to an old age home for a donation must be reversed as the initiation is no longer in operation. The bank statement reflects the reversal A deposit R33 300 made the last day of the month did not appear on the bank statement An ERT was roceed in Cash Paymundowalconectly. The amount recorded was R19 782 less than it should be The Two of the wholesalers for the purchase of trading inventory, Use the information provided below to answer the following questions. 3.1 (12 marks) Complete the Cash Receipts Journal and Cash Payments Journal of Starbuck Traders for June 2021 after taking the information given into account. In the details column write down the name of the contra account e.g. Rent income. 3.2 Post to the Bank account in the Ledger. Balance the account (5 marks) 3.3 Prepare the Bank Reconciliation Statement as at 30 June 2021. (3 marks) QUESTION 3 Use the information provided below to answer the following questions. 3.1 (12 marks) Complete the Cash Receipts Journal and Cash Payments Journal of Starbuck Traders for June 2021 after taking the information given into account. In the details column write down the name of the contra account e.g. Rent income. 3.2 Post to the Bank account in the Ledger. Balance the account. (5 marks) 3.3 Prepare the Bank Reconciliation Statement as at 30 June 2021. (3 marks) Use the Information provided below to answer the following questions. 3.1 (12 marks) Complete the Cash Receipts Journal and Cash Payments Journal of Starbuck Traders for June 2021 after taking the information given into account. In the details column write down the name of the contra account e.g. Rent income. 3.2 Post to the Bank account in the Ledger. Balance the account. (5 marks) 3.3 Prepare the Bank Reconciliation Statement as at 30 June 2021. (3 marks) The following Information was obtained from the records of Starbuck Traders for June 2021: 1. Provisional totals in the cash Journals on 30 June 2021 were as follows: Cash Receipts Journal R420 000 Cash Payments Journal R485 478 2 The bank account in the ledger of Starbuck Traders had a credit balance of R36 000 on 01 June 2021 3. The bank statement received from Pesco Bank reflected the following that must be taken into account: 3.1 A debit balance of R135 300 on 30 June 2021. 3.2 Service fees R1 200 Cash deposit fees R270 Interest on overdraft R906 3.3 A stop order for R6 360 that was paid to Pesco Bank The amount was for repayment of loan, R$ 400, and interest on loan, R960. 3.4 An electronic funds transfer to a creditor, KL Wholesalers, for R7 674. The entry was not recorded previously 3.5 A deposit of R15 600 for rent deposited by the tenant, Compumouse. 4. An electronic funds transfer (EFT) for R20 070 to an old age home for a donation must be reversed as the institution is no longer in operation. The bank statement reflects the reversal. 5. A deposit of R33 300 made on the last day of the month did not appear on the bank statement An EFT was recorded in the Cash Payments Journal incorrectly. The amount recorded was R19 782 less than it should be. The EFT was in favour of GH Wholesalers for the purchase of trading inventory FORMATION The following Information was obtained from the records of Starbuck Traders for June 2021: 1 Provisional totals in the cash Journals on 30 June 2021 were as follows: Cash Recipts Joumal R420 000 Cash Payments Journal R485 478 2 The bank account in the ledger of Starbuck Traders had a credit balance of R36 000 on 01 June 2021. 3 The bank statement received from Pesco Bank reflected the following that must be taken into account: 3.1 A debit balance of R135 300 on 30 June 2021. 32 Service fees R1 200 Cash deposit fees R270 Interest on overdraft R906 3.3 A stop order for R6 360 that was paid to Pesco Bank. The amount was for repayment of loan R5 400, and interest on loan, R960, 3.4 An electronic funds transfer to a creditor. KL Wholesalers, for RT 674. The entry was not recorded previously 3:5 A deposit of R15 600 for rent deposited by the tenant Compumouse. An electronic funds transfer (EFT for R20 070 to an old age home for a donation must be reversed as the initiation is no longer in operation. The bank statement reflects the reversal A deposit R33 300 made the last day of the month did not appear on the bank statement An ERT was roceed in Cash Paymundowalconectly. The amount recorded was R19 782 less than it should be The Two of the wholesalers for the purchase of trading inventory, Use the information provided below to answer the following questions. 3.1 (12 marks) Complete the Cash Receipts Journal and Cash Payments Journal of Starbuck Traders for June 2021 after taking the information given into account. In the details column write down the name of the contra account e.g. Rent income. 3.2 Post to the Bank account in the Ledger. Balance the account (5 marks) 3.3 Prepare the Bank Reconciliation Statement as at 30 June 2021. (3 marks) QUESTION 3 Use the information provided below to answer the following questions. 3.1 (12 marks) Complete the Cash Receipts Journal and Cash Payments Journal of Starbuck Traders for June 2021 after taking the information given into account. In the details column write down the name of the contra account e.g. Rent income. 3.2 Post to the Bank account in the Ledger. Balance the account. (5 marks) 3.3 Prepare the Bank Reconciliation Statement as at 30 June 2021. (3 marks) Use the Information provided below to answer the following questions. 3.1 (12 marks) Complete the Cash Receipts Journal and Cash Payments Journal of Starbuck Traders for June 2021 after taking the information given into account. In the details column write down the name of the contra account e.g. Rent income. 3.2 Post to the Bank account in the Ledger. Balance the account. (5 marks) 3.3 Prepare the Bank Reconciliation Statement as at 30 June 2021. (3 marks) The following Information was obtained from the records of Starbuck Traders for June 2021: 1. Provisional totals in the cash Journals on 30 June 2021 were as follows: Cash Receipts Journal R420 000 Cash Payments Journal R485 478 2 The bank account in the ledger of Starbuck Traders had a credit balance of R36 000 on 01 June 2021 3. The bank statement received from Pesco Bank reflected the following that must be taken into account: 3.1 A debit balance of R135 300 on 30 June 2021. 3.2 Service fees R1 200 Cash deposit fees R270 Interest on overdraft R906 3.3 A stop order for R6 360 that was paid to Pesco Bank The amount was for repayment of loan, R$ 400, and interest on loan, R960. 3.4 An electronic funds transfer to a creditor, KL Wholesalers, for R7 674. The entry was not recorded previously 3.5 A deposit of R15 600 for rent deposited by the tenant, Compumouse. 4. An electronic funds transfer (EFT) for R20 070 to an old age home for a donation must be reversed as the institution is no longer in operation. The bank statement reflects the reversal. 5. A deposit of R33 300 made on the last day of the month did not appear on the bank statement An EFT was recorded in the Cash Payments Journal incorrectly. The amount recorded was R19 782 less than it should be. The EFT was in favour of GH Wholesalers for the purchase of trading inventory

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