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ACCOUNT REPRESENTATION( this is what you see on your fone)

(6)
Adjusted Cashbook:
Debit Side:
Bal C/d(3800)
3800

Credit Side:
Bal(2540)
Standing order(770)
Bank Charges(3800)
3800
Bal C/d(3800)

Bank Reconciliation Statement:
o/d as per Adjusted Cashbook(3800)
Add uncredited cheqye(omo) (1060)
Less unpresented Cheque(ojo) (630)
o/d as per bank Statemen(4230)

(4)
Revenue & Expenditure statement:

Debit Side:
salaries(5,000,000)
fuel(840,000)
Borehole(65000)
revenue over expenditure surplus(5,330,000)
11,235,000

Credit Side:
Bal(1,500,000)
VAT(520,000)
Fines(60,000)
Licenses(200,000)
interest on investment(250,000)
allocation(6,000,000)
fines(155,000)
lease(250,000)
rent(550,000)
investment(1,750,000)
11,235,000


(5)
Statement of Affairs A/c:

Debit Side:
Accumulated fund(1895)
rent(540)
printing(15)
2150

credit side:
insurance(20)
secretarty exps(80)
subscription(120)
equipment(3000
land(1000)
cash(730)

Rent A/c:

debit Side:
Cash(2340)
Bal c/d(720)
3060

credit side:
bal(540)
income & E(2520)
bal b/d(720)

Insurance A/c:

debit side:
bal b/fwd(20)
cash(180)
200

credit side:
I&E(190)
bal(10)

Printing A/c:

debit Side:
cash(120)
120

credit side:
Bal(15)
I&E(105)

Secretary's Expenses A/c:

Debit side:
bal(80)
cash(370)
450

credit side:
I&E(410)
Bal c/d(40)
450

Equipment A/c:

debit side:
bal(300)
cash(370)
450
bal c/d(40)

credit side:
dep:I&E(28)
bal c/d(532)

land & Building A/c:

debit side:
bal(1000)
1000
Bal(950)

credit side:
Dep:(I&E)(50)
bal(950)
1000

Subscription A/c:

debit side:
bal(120)
I&E(1520)
bal(200)
1840
bal c/d(140)

credit side:
cash(1500)
cash(200)
bal c/d(140)

Income and expenditure A/c

debit side:
rent(2520)
Insurance(190)
printing(105)
secretary(410)
depreciation:
equipment(28)
land(50)
postage(1630)
4933

credit side:
subscription(1520)
fees(1700)
donation(1340)
deficit(373)
4933

 

Balance sheet as at 31/12/09

debit side:
accumulated fund(1895)
less deficit(373)
1527
rent(720)
2242

credit side:
land(950)
equipment(532)
subscription(140)
insurance(10)
secretary exps(40)
cash(570)
2242

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