On 31 January 2003 Mary, a trader, obtained a statement from he and compared it with the bank account in her cash book
The bank balance shown in the cash book was an overdraft
This differed from the balance shown on the bank statemer
achegue for $270 payable to David had not yet been presented f
2 cash paid into the bank amounting to $800 had not yet be
credited to Mary's account
Prepare a bank reconciliation statement to show the balance whi
appeared on the bank statement on 31 January 2003.
[IGCSE 200
State two items of information given in a bank statement

Speedy auto repairs uses a job-order costing system. the company’s direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics’ hourly wages. speedy’s overhead costs include various items, such as the shop manager’s salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 20,000 fixed overhead cost $ 350,000 variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate. 2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 590 direct labor cost $ 109 direct labor-hours used 6