1. Statement of Receipts and Payments Calculating how much money is in the Bank at the end of the month

2. Statement of Receipts & Payments Starts with the money in the Bank at the beginning of the month Lists all Receipts (money coming in from customers) from the Cash Receipts Journal And all Payments (money being paid out) from the Cash Payments Journal Calculates the money at the end of the month

3. DateDetails Rec No FeesSundriesGSTBank Feb 1 Fees 01 10010110 3Fees 02 30030330 7Fees 03 20020220 13Fees 04 40040440 15Fees 05 50555 21Fees 06 11011121 26Fees 07 20020220 28Fees 08 35035385 29Fees 09 49049539 31Fees 10 60666 Total22602262486 Cash Receipts Journal

4. Statement of Receipts & Payments Bank at beginning 100 Add Receipts Fees 2260 GST Collected 226 2486 2586 Less Payments Rent 500 Stock 500 Electricity 400 Petrol 50 Drawing 500 GST Paid 1452095 Bank at end 491

5. DateDetails Chq No RentSundriesGSTBank Feb 1 Rent 01 10010110 2Stock 02 30030330 8Rent 03 10010110 14 Electricity 04 40040440 15Rent 05 10010100 22Rent 06 10010100 28Petrol 07 50555 29Rent 08 10010110 30 Drawings 09 500 31Stock 10 20020220 Total50014501452095 Cash Payments Journal

6. Statement of Receipts & Payments Exercises Go to the wiki Prepare a Statement of Receipts & Payments for each of the businesses.