NAME OF COMPANY: BLOOM BAR

NAME OF SUPPLIER: D-AMPHORA

SUBJECT: RECONCILIATION OF ACCOUNTS PAYABLE

DATE: AS AT 31ST AUGUST, 2019.

PREPARED BY: B. J. B.

Issues Identified
(i) Unrecorded Payments;
1. Zenith Bank- Operational CHQ # 568 amounted to GH₵ 10,000.00, dated and received on 19/06/2019
was not included the Statement.
2. Ecobank CHQ # 160 amounted to GH₵15,200.00, dated and received on 19/06/2019 was also omitted
from the statement.
3. These two gives a total amount of GH₵25,200.00 omitted from the statement received from the supplier.

(ii) Over Billing

1. Invoice No: 0000070 dated 30/03/2019 amounted to GH₵2,460.00 was overstated in the supplier's
statement by GH₵60.00 giving an amount of GH₵2,520.00
2. Invoice No:0317-AMPH-BB-0007 amounted to GH₵11,340.00 dated 31/07/2019 was also overstated in
the supplier's statement by GH₵3,780.00 giving an amount of GH₵15,120.00.
3. These two gives a total Over Billing of GH3,840.00 in the statement submitted by the supplier.

SUMMARY GH₵

Balance as per supplier's statement 44,400.50

Less:

Unrecorded Payments 25,200.00

Over Billings 3,840.00 (29,040.00)

Balance as per Bloom Bar's Records 15,360.50