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(Solved): 30.9 The following is a summary of a cash book as presented by George Ltd for the month ofOctober:Re ...



30.9 The following is a summary of a cash book as presented by George Ltd for the month ofOctober:ReceiptsBalance c/d£1,4695542,023Balance b/dPaymentsE7611,2622,023All receipts are banked and all payments are made by chequeOn investigation you discover:(1) Bank charges of £136 entered on the bank statement have not been entered in the cash book.(2) Cheques drawn amounting to £267 had not been presented to the bank for payment. (3) Cheques received totalling £762 had been entered in the cash book and paid into the bank,but had not been credited by the bank until 3 November. (4) A cheque for £22 for sundries had been entered in the cash book as a receipt instead of as apayment. (5) A cheque received from K Jones for £80 had been returned by the bank and marked 'Nofunds available'. No adjustment has been made in the cash book. (6) A standing order for a business rates instalment of £150 on 30 October had not been enteredin the cash book. (7) All dividends received are credited directly to the bank account. During October amountstotalling £62 were credited by the bank but no entries were made in the cash book.(8) A cheque drawn for £66 for stationery had been incorrectly entered in the cash book as £60.(9) The balance brought forward in the cash book should have been £711, not £761.Required:(a) Show the adjustments required in the cash book.(b) Prepare a bank reconciliation statement as at 31 October.



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