Paying cheque shs question threekariukis cash book showed credit balance

CAT

DATE: September, 2021

INSTRUCTIONS:

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	DR	CR
	sh	sh
Capital		250,000
Stock (1.1.1987)	25,000
	250,000
	80,000
		20,000
		16,000
Purchases	360,000

Sales
	40,000
		20,000
	60,000
Discounts	5,000
Carriage inward	2,500
	3,000
	7,500
	8,600
	1,500
Provision for bad debts		1,000
General expenses	8,500
	15,000
	55,000
		46,600
	6,000
Cash at bank	30,000
	957,600

QUESTION THREE

Kariuki’s cash book showed credit balance of sh. 36080 on June 30 1987 whereas the bank statement received from his bank showed a credit balance of sh. 49320 on the same date. The following differences were discovered:-
a)Cheques totaling 61450 issued by Kariuki did not appear in the bank statement. b)Cheques totaling 39450 deposited on the last day of the month were credited by the bank on 5th July, 1987.

Required to prepare