LEARNER CALA GUIDE

LEARNING AREA : ACCOUNTING

LEVEL : O Level

SYLLABUS TOPIC : BANK RECONCILIATION STATEMENT

SUB-TOPIC : CASH BOOK and BANK STATEMENT

CALA TITLE : bringing the cash book and bank statement into
Agreement

COMPETENCES/SKILLS :. - COMMUNICATING
- INVESTIGATING
- PROBLEM SOLVING

Background

most businesses especially informal ones find it difficult to reconcile their cash book with their bank statement owing to lack of expert
knowledge. Using an organization of your choice, describe how you will reconcile it's cash book with it's bank statement.

The CALA

This CALA has two parts – Part A and Part B. You need to complete both parts.

Part A

- learners are required to research on the reasons why the cash book balance may sometimes differ from the bank statement balance (5)
.
Part B

- Create a fictitious cash book and bank statement of a business entity. You are required to update the cash book and reconcile it with the bank
statement balance. Include items that usually cause the cash book balance to disagree with the bank statement balance. (20)

How you will be assessed

- Your teacher will assess all the reasons that causes the difference between the two books.
Marks will be given for your answers and workings.
- You will be guided on how marks will be awarded for this CALA by looking at the “Achievement Standard” provided.

CALA “Tips”

-unticked items in the cash book are used to prepare the bank reconciliation statement
-unticked items in the bank statement are used to prepare an updated cash book.

2
O LEVEL ACCOUNTING

TEACHER GUIDE

LEARNING AREA : ACCOUNTING

LEVEL : O Level

SYLLABUS TOPIC : BANK RECONCILIATION STATEMENT

3
SUB-TOPIC : CASH BOOK and BANK STATEMENT

CALA TITLE : bringing the cash book and bank statement into
Agreement

COMPETENCES/SKILLS :. - COMMUNICATING
- INVESTIGATING
- PROBLEM SOLVING

Background

most businesses especially informal ones find it difficult to reconcile their cash book with their bank statement owing to lack of expert
knowledge. Using an organization of your choice, describe how you will reconcile it's cash book with it's bank statement.

The CALA

This CALA has two parts – Part A and Part B. You need to complete both parts.

Part A

- learners are required to research on the reasons why the cash book balance may sometimes differ from the bank statement balance
.

Part B

- Create a fictitious cash book and bank statement of a business entity. You are required to update the cash book and reconcile it with the bank
statement balance. Include items that usually cause the cash book balance to disagree with the bank statement balance.

4
How you will be assessed

- Your teacher will assess all the reasons that causes the difference between the two books.
Marks will be given for your answers and workings.
- You will be guided on how marks will be awarded for this CALA by looking at the “Achievement Standard” provided.

CALA “Tips”

-unticked items in the cash book are used to prepare the bank reconciliation statement
-unticked items in the bank statement are used to prepare an updated cash book

ACCOUNTING

ACHIEVEMENT STANDARDS

5
CALA Title: “Collapse of business enterprises in the local community”
Achievement Standards
Dimensions/Criteria
Reasons for the Excellent differences Good difference Satisfactory Unsatisfactory No differences
difference between the clearly stated, those between the two books Differences pointed out Outline aspects of one book outlined
cash book and the found in the Cash but without specific but without detailed not complimented by aspects 0-1
bank statement, book and those found highlight explanation of the other book
specifying items found in the bank statement 6-7 4-5 2-3
in each book 8-10
Create a fictitious cash Properly labelled cash Updated cash book Not properly labelled The bank balances did not Unable to
book and bank book and bank and bank statement cash book and bank reconcile, but the updated prepare the
statement of a statement, ticked with reconciled bank reconciliation statement cash book has been prepared bank
business entity. You Update cash book balances 10-12 5-9 reconciliation
are required to update showing items which 13-16 statement
the cash book and were not in the cash 0-4
reconcile it with the book, reconciled cash
bank statement book and bank
balance. Include items statement balance
that usually cause the
cash book balance to 17-20
disagree with the bank
statement balance.

Think and express Excellent thinking and Can think and express Can think and express Can express themselves, but Cannot think
themselves clearly and expression. themselves clearly and themselves, but not very clear and not logical and express
logically Very clear logical logically. presentation is hard to 2 themselves
presentation. 5 4 follow clearly and
3 logically
0-1

6
7