On the 6th January 2008 Mr. Olu received his monthly bank statement for the month...

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Accounting

On the 6th January 2008 Mr. Olu received his monthly bank statement for the month 31 December,2007. The bank statement contains the following details:Statement of account with Ecobank Ghana ltd. Debit Credit Balance Gh Gh GhDecBalance 2417.20Cash 314.002785.20Cash 375.003160.20Cheque 152.503007.70Sundries 62.803070.50Cheque(41003)300.002770.50Cash 175.002945.50Cash. 425.003370.50Cheque(41005)240.003130.50Charges 22.753107.50Transfer 64.003171.75For the corresponding period, Mr. Olus books contained the following bank K account: Bank Account2007 Gh.2007 GhDec1 Bal b/d.2471.20 Dec2 A.Alidu(41001)358.253 Sales 314.0013 Jang Ltd.(41002)152.5012 Sales 375.0015 Cash(41003)300.0014 G. Taznna 62.8029 B. Okoro(41004)600.0019 Sales 175.0031 M. Obot(41005)240.0026 Sales 425.0031 Balance c/d 2246.9531 B. Ola. 74.702897.702897.70

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