FNSACC311 Process Financial Transactions And Extract Interim Reports - Assessment Questions

Part 3 – Banking

Today is 18th March 2021. You are working for Janes Design World and are responsible for preparing the daily banking in line with the business Policies and Procedures, which states deposits must be done immediately if funds held are greater than $1,000.
You have received payments from several customers as well as having made some cash sales.

If you have never completed a bank deposit slip before, you might find the information at the following website handy.   https://www.finder.com.au/bank-deposit-slips  (make sure you scroll all the way down past the bank comparison table!)

From the following information you are required to complete the Bank Deposit Slip for the days’ banking for the business of “Janes Design World”.  

Cheques Received Listing

1. Penny’s Place paid $850.00 by Westpac Cheque (Richmond Branch/BSB: 333-636)
2. A Sorensen paid $475.00 by National Bank Cheque (Burwood Branch/BSB: 033-967)
3. Rugs R Us paid $680.00 CBA Cheque (Canterbury Branch/BSB:378-456)

Cash amounts received

• 10 x $2 coin
• 8 x $5 notes
• 5 x $20 notes
• 4 x $50 notes
• 2 x $100 notes