A cheque that was paid to Phalala for E489 on June 2021 had an item appearing only on the cash book; this was a cheque which was manually entered into the cash book. Cash sales amounted to E3030 whi

It appears you need to balance Masiza's cash book, and prepare a bank reconciliation statement for June 2021. Here is how to proceed: 1. Additional entries in the Cash book: - A cheque paid to Phalala E489 - Cash Sales banked E3030 - Bring down the overcast from the debit side, deduct E100. 2. Additional entries in the Bank Statement that impact the Cash Book: - Bank charges of E619, this needs to be added to the cash book as a payment - Interest received of E570. This needs to be added to the cash book as a receipt. Please note that the E740 dividend credited to the business bank account in error doesn't need an additional entry in the cash book, because it needs to be corrected by the bank. The cheque from Ndolo was disturbed by the bank, if this means that it bounced and the bank did not credit his account, then it should be deducted from the cash book. But if the cheque is simply delayed, it needs to be added in the bank reconciliation statement, not in the cash book, and it will be deposited later. After considering all these, calculate the Brought Down and Carried Down (balance) amount in the cash book. 3. For the bank reconciliation statement, firstly consider your Cash Book balance. - Subtract any outstanding checks. (like Ndolo's cheque, if it is delayed) - Add any deposits in transit (like the E3030 from sales) - Deduct any discrepancies due to errors (like the E100 overcast on the debit side, if it hasn't been adjusted already) - Deduct any charges that the bank has made that are yet to be recorded in the cash book like the E619 bank charges - Add any credit the bank has made that is yet to be recorded in the cash book like E570 interest received. The final total should match the balance of the bank statement. Please confirm the detailed transactions before making any decisions as different situations might require different treatments. Let me know if you have other information or need further assistance.