Consider the following information of Samson Jirani business
DRCASH BOOK (Bank Columns)DR
DateParticularsFolioAmountDateParticularsFolioAmount
07/10/2022Rojex Tech875003711,00001/10/2022Balanceb/d776,000
07/10/2022Discount37,00004/10/2022Purchases543412498,000
30/10/2022Semtawa Inc2769931,235,00025/10/200Purchases5434131,022,000
30/10/2022Discount65,00028/10/2022Salaries 543414677,000
31/10/2022Balancec/d925,000
2,973,0002,973,000
During the first week in November a statement of account was received from Samson Jirani business
from CRDB Bank as follows:
Customer Account Statement Statement Date: 02 Nov 2022
Statement Period: 01 Oct 2022 to 31 Oct
2022
Branch Name: Lolote
Account Number Not Shown
Account NameFirst Year Students
Currency TZS
Balance Avaiable -1,840,000
Book Balance -1,835,000
Total Credits 9.72,000
Total Debits 1,812,300
Contact
IMC/BBF/BAC/BIRM/BTX/BEF/BAIT 2023
TRN
DATENARRATIONS
TRN
REFDEBIT CREDIT BALANCE
1/10/2022Opening Balance-1,000,000
04/10/2022
Sambilikungu Mwigavilo
Coy543412 498,000 -1,498,000
05/10/2022Jamal 2219281 220,000 -1,278,000
05/10/2022Discount 4,000 -1,274,000
10/10/2022Cheque deposit 875003 711,000 -563,000
10/10/2022Discount 37,000 -526,000
20/10/2022
Standing Order-BUMACO
Insurance Company 220,000 -746,000
25/10/2022Matambiko Traders543412 1,022,000 -1,768,000
31/10/2022Maintenance and Ledger fees 72,300 -1,840,300
From the information:
(a)Update the cash book to update the cash book balance (40 Marks)
(b)Prepare the bank reconciliation statement beginning with the balance as per cash book (40
Marks)​