You are given the following information for Vuyo and Sons Plumbers: R Services rendered for cash 150 000 Services rendered on credit 105 000 Wages and salaries 125 000 Water and electricity 15 000 Credit losses 10 000 Interest paid on an unfavourable bank balance 1 000 Credit losses recovered 1 500 Stationery 12 500 Bank charges 1 150 EFT for rent paid to WR Estate Agency 22 500 Interest earned on a 30 day fixed deposit Total expenses for Vuyo and Sons Plumbers is.... 5 000

If a company record a $200 cheque by debiting salary expense and credit cash for $20, what will it influnce the book account on the bank reconciliation statement? a. we need to add $180 on the book acoount b. we need to decrease $180 on the book account

The following data pertain to Pauline Corporation on December 31, 2020: Current account at Metrobank Current account at Allied Bank Payroll account Foreign bank account (in equivalent pesos) Savings deposit in a closed bank Postage stamps Employee's postdated check IOU from employees Credit memo from a vendor for a purchase return Traveler's check Money order Petty cash fund (P4,000 in currency and expense receipts for P6,000) Pension fund DAIFcheck of customer Customer's check dated 1/1/21 Time deposit - 30 days Money market placement (due 6/30/21) Treasury bills, due 3/31/21 (purchased 12/31/20) Treasury bills, due 1/31/21 (purchased 2/ 1/20) The cash and cash equivalents as of December 31, 2020 is 1,300,000 (80,000) 450,000 800,000 140,000 1,000 5,000 8,000 20,000 50,000 30,000 10,000 2,000,000 14,000 80,000 200,000 500,000 200,000 300,000

Questions: The following is a summary of Jane’s bank account for the year ended 31 December 2021:                                                                  $                                                                        $ Balance 1.January .2002                       4,100             Payments to creditors for goods 67,360 Receipts from debtors                         91,190             Rent                                              3,950 Balance 31Dec.2002                             6,300             Insurance                                      1,470                                                                                     Sundry expenses                              610                                                                                     Drawings                                    28,200                                                           101,590                                                               101,590   All of the…