BOOKKEEPING SYSTEMS
BANK RECONCILIATION STATEMENT EXERCISES
Paper 002-061
CONTENTS
Page
EXERCISE NO. 1 - JOHN BROWN RETAIL CLOTHING COMPANY ........................................................3
.1
Previous Accounting Period Bank Reconciliation Statement .................................................3
.2
Cash Receipts Book - Prior To Reconciliation ..........................................................................3
.3
Cash Payments Book - Prior To Reconciliation ........................................................................5
.4
Bank Statement ............................................................................................................................6
.5
Exercise No 1 - Question .............................................................................................................7
EXERCISE NO. 2 - SMITH’S MOTEL...........................................................................................................8
.1
Cash Receipts Book Prior To Reconciliation ............................................................................8
.2
Cash Payments Book - Prior To Reconciliation ........................................................................8
.3
Previous Accounting Period Bank Reconciliation Statement .................................................8
.4
Bank Statement ............................................................................................................................9
.5
Exercise No. 2 Question ..............................................................................................................9
ADDENDUMS
002-061A
Cash Receipts Book ............................................................................................................11
002-061B
Cash Payments Book ..........................................................................................................12
002-061C
Bank Reconciliation Statement ..........................................................................................14
002-061D
Completed Cash Receipts Book ........................................................................................15
002-061E
Completed Cash Payments Book ......................................................................................16
002-061F
Bank Reconciliation Statement ..........................................................................................18
002-061G
Cash Receipts Book ............................................................................................................19
002-061H
Cash Payment Book ............................................................................................................20
002-061I Bank Reconciliation Statement ................................................................................................21
002-061J Completed Cash Receipts Book ...............................................................................................22
002-061K
Completed Cash Payments Book ......................................................................................23
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
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Page 1
002-061L
Bank Reconciliation Exercise .............................................................................................24
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 2
BOOKKEEPING SYSTEMS
BANK RECONCILIATION STATEMENT EXERCISES
Paper 002-061
EXERCISE NO. 1 - JOHN BROWN RETAIL CLOTHING COMPANY
.1
Previous Accounting Period Bank Reconciliation Statement
BANK RECONCILIATION STATEMENT AS AT 31 MAY 20XX
Cash Book Balance 30.4.XX
Add Receipts
$47,620.00 Cr.
$ 3,100.00
$50,720.00
$10,970.00
$39,750.00 Cr
Less Payments
Cash Book Balance as at 31.5.XX
Bank Statement Balance 31.5.XX
Less Unpresented Cheques:
185
186
Reconciled Balance as at 31.5.XX
$ 250.00
$39,750.00 Cr
Cash Receipts Book - Prior To Reconciliation
02.06.XX
John Brown
1525
04.06.XX
16.06.XX
Cash
SGIO
1526
1527
1,000.0
0
500.00
50.00
GST
Payable
Sundry
$
Capital
Contributed
$
Sales
$
Amount
$
Receipt No
Received
From
CASH RECEIPTS BOOK
Date
.2
$40,000.00 Cr
$200.00
$ 50.00
1,000.00
454.55
45.45
(Refund
overpaid shop
45.45
4.55
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
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Page 3
insurance)
24.06.XX
25.06.XX
29.06.XX
Cash
Cash
Winter
Festival
1528
1529
1530
70.00
200.00
450.00
30.06.XX
John Brown
1531
20.00
63.63
181.81
6.37
18.19
450.00
(Window
display prize)
20.00
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
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Page 4
Yr XX
01.06
02.06
04.06
07.06
08.06
10.06
11.06
11.06
15.06
19.06
22.06
25.06
28.06
29.06
30.06
A8 Clothing Co
XY Real Estate
A Electrician
(Rep. neon sign)
Rubber Tyre Co
(Tyres Del. Van)
Ergon Energy
SGIO (Shop)
Smith’s
Newsagency
Green’s Motors
(New del. van)
John Jones
(Casual Wages)
BP Garage
XY Real Estate
SGIO
(Insur. del. van)
JB Fashion Ltd
BC Furniture Co
(Storage shelves)
Cash
(Drawings MBF)
187
188
189
100.00
50.00
200.00
190
205.00
191
192
192
35.00
600.00
20.00
194
10,000.00
195
150.00
196
197
198
90.00
50.00
250.00
199
200
400.00
600.00
201
150.00
90.91
Input Tax
Credit
Sundry
Capital
Postage
&
Stationery
Fuel & Oil
Electricity
M.V.
Expenses
Insurance
Repairs &
Maint
Rent
Purchase
s
Amount
Chq.No.
Payee
Cash Payments Book - Prior To Reconciliation
JOHN BROWN RETAIL CLOTHING COMPANY - CASH PAYMENTS BOOK
Date
.3
9.09
4.54
18.18
45.46
181.82
186.36
18.64
31.82
3.18
54.55
1.82
545.45
18.18
10,000.00
150.00
81.82
8.18
4.54
22.73
45.46
227.27
363.64
36.36
54.55
545.45
150.00
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
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Page 5
.4
Bank Statement
ACCOUNT NO
Mr J Brown
17 Hugh Street
PACIFIC CITY QLD 4912
98738 - 7823
NAME OF ACCOUNT:
JOHN BROWN RETAIL CLOTHING COMPANY
Date
20XX
June 1
2
2
2
2
2
4
4
5
8
8
15
15
15
15
17
25
25
26
26
29
29
30
July 1
2
Particulars
Brought Forward
000189
000186
F.T.D.
000187
Deposit
000188
000185
Deposit
Cheque Book
000190
000194
000192
000193
000191
000199
Deposit
000198
000197
000196
Deposit
000195
Deposit
Deposit
Deposit
000201
Dr
Cr
Balance
200.00
50.00
10.00
100.00
1,000.00
50.00
200.00
500.00
10.00
205.00
10,000.00
600.00
20.00
35.00
400.00
50.00
250.00
50.00
90.00
270.00
150.00
450.00
20.00
55.00
150.00
40,000.00 Cr
39,800.00 Cr
39,750.00 Cr
39,740.00 Cr
39,640.00 Cr
40,640.00 Cr
40,590.00 Cr
40,390.00 Cr
40,890.00 Cr
40,880.00 Cr
40,675.00 Cr
30,675.00 Cr
30,075.00 Cr
30,055.00 Cr
30,020.00 Cr
29,620.00 Cr
29,670.00 Cr
29,420.00 Cr
29,370.00 Cr
29,280.00 Cr
29,550.00 Cr
29,400.00 Cr
29,850.00 Cr
29,870.00 Cr
29,925.00 Cr
29,775.00 Cr
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
230903
Page 6
.5
Exercise No 1 - Question
PREPARATION OF BANK RECONCILIATION STATEMENT
JOHN BROWN RETAIL CLOTHING COMPANY
Can you please prepare the following:1. Cash Receipts Book - Addendum 002-061A
Answer - Addendum 002-061D
2. Cash Payment Book - Addendum 002-061B
Answer - Addendum 002-061E
3. Prepare Bank Reconciliation Statement - Addendum 002-061C
Answer - Addendum 002-061F
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
230903
Page 7
EXERCISE NO. 2 - SMITH’S MOTEL
.1
Cash Receipts Book Prior To Reconciliation
Cash Receipts (Bank Column Only) of Smiths’ Motel for March 20XX
Date
02.03.XX
03.03.XX
05.03.XX
07.03.XX
10.03.XX
12.03.XX
14.03.XX
17.03.XX
17.03.XX
19.03.XX
21.03.XX
24.03.XX
26.03.XX
30.03.XX
31.03.XX
Receipt
No.
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
Particulars
Bank
Cash Sales
Debtor - J. Jones
Cash Sales
Cash Sales
Debtor - Jetset Travel
Cash Sales
Cash Sales
Debtor - S Green
Cash Sales
Cash Sales
Debtor - R Smart
Cash Sales
Debtor - A Blue
Cash Sales
Cash Sales
400.00
440.00
690.00
615.00
1,425.00
426.00
333.00
453.00
510.00
338.00
209.00
927.00
425.00
1,254.00
739.00
TOTAL:
.2
$9,184.00
Cash Payments Book - Prior To Reconciliation
Cash Payments (Bank Column only) of Smiths’ Motel for March 20XX
Date
03.03.XX
03.03.XX
10.03.XX
10.03.XX
10.03.XX
10.03.XX
17.03.XX
17.03.XX
24.03.XX
24.03.XX
24.03.XX
Ch.No.
350
351
352
353
354
355
356
357
358
359
360
Particulars
Cash - Wages
Castlemaine Perkins
Cash - Wages
Fresha Eggs
Pacific Seafoods
Currey (Q’ld)
Cash - Wages
City Meats
Drawings - W Smith
Cash - Wages
Huggets
TOTAL:
.3
Bank
685.00
1,250.00
850.00
130.00
937.00
395.00
729.00
1,255.00
468.00
427.00
200.00
$7,326.00
Previous Accounting Period Bank Reconciliation Statement
Cash Book Balance 31 January 20XX
Add Receipts
2,500.00 Cr.
9,139.00
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
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Page 8
11,639.00
8,260.00
$3,379.00 Cr
Less Payments
Cash Book Balance 28th February 20XX
Bank Statement Balance 28 February 20XX
Add Deposits not yet credited
Less Unpresented Cheques No
329
342
346
349
Reconciled Balance as at 28 February 20XX
.4
.5
3,901.00 Cr.
380.00
290.00
197.00
160.00
185.00
650.00
Bank Statement
The following Bank Statement was received by Smiths’ Motel for March 20XX.
Date
Particulars
Dr
Cr
Feb. 28 Balance B/F
March 3 Deposit
670.00
3 Deposit
840.00
4 Cheque
185.00
5 Deposit
690.00
6 Cheque 350
685.00
6 Cheque 351
1,250.00
7 Deposit
615.00
10 Deposit
1,425.00
10 Cheque 329
197.00
11 Cheque 349
650.00
11 Cheque 352
850.00
12 Deposit
426.00
14 Cheque 354
937.00
14 Deposit
333.00
17 Payment by Authority
416.50
17 Deposit
963.00
18 Cheque 356
729.00
19 Deposit
338.00
21 Deposit
209.00
24 Cheque 357
1,255.00
24 Deposit
927.00
26 Deposit
425.00
27 Cheque 358
468.00
27 Federal Tax
32.60
27 Interest on IBD
113.40
670.00
4,571.00
1,192.00
$3,379.00 Cr.
Balance
3,901.00
4,571.00
5,411.00
5,226.00
5,916.00
5,231.00
3,981.00
4,596.00
6,021.00
5,824.00
5,174.00
4,324.00
4,750.00
3,813.00
4,146.00
3,729.50
4,692.50
3,963.50
4,301.50
4,510.50
3,255.50
4,182.50
4,607.50
4,139.50
4,106.90
4,220.30
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Cr
Exercise No. 2 Question
Preparation of Bank Reconciliation Statement - Smiths’ Motel.
Can you please prepare the following:1. Cash Receipts Book - Addendum 002-061G
Answer - Addendum 002-061J
2. Cash Payments Book - Addendum 002-061H
Answer - Addendum 002-061K
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
230903
Page 9
3. Bank Reconciliation Statement - Addendum 002-061I
Answer - Addendum 002-061L
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
230903
Page 10
ADDENDUM 002-061A
EXERCISE NO 1 - JOHN BROWN RETAIL CLOTHING COMPANY
002-061A
Cash Receipts Book
Prior To Reconciliation Exercises
Cash
Cash
Winter Festival
1528
1529
1530
70.00
200.00
450.00
30.06.XX
John Brown
1531
20.00
GST
Payable
24.06.XX
25.06.XX
29.06.XX
Sundry
$
1,000.00
500.00
50.00
Capital
Contributed
$
1525
1526
1527
Sales
$
Amount
$
John Brown
Cash
SGIO
Received
From
02.06.XX
04.06.XX
16.06.XX
Date
Receipt No.
JOHN BROWN RETAIL CLOTHING COMPANY
CASH RECEIPTS BOOK
1,000.00
454.55
45.45
(Refund
overpaid shop
insurance)
63.63
181.81
45.45
4.55
6.37
18.19
450.00
(Window display
prize)
20.00
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
230903
Page 11
ADDENDUM 002-061B
BOOKKEEPING SYSTEMS - BANK RECONCILIATION STATEMENT EXERCISES
Exercise No 1 - John Brown Retail Clothing Company
08.06
10.06
11.06
11.06
15.06
19.06
22.06
25.06
28.06
29.06
30.06
150.00
196
90.00
XY Real Estate
SGIO
(Insur. Del. van)
JB Fashion Ltd
BC Furniture Co
(Store shelves)
Cash
(Drawings MBF)
197
198
50.00
250.00
199
200
400.00
600.00
201
150.00
90.91
Input Tax
Credit
195
Sundry
10000.00
Capital
194
Postage &
Stationery
35.00
600.00
20.00
Fuel & Oil
191
192
192
Electricity
205.00
M.V.
Expenses
190
Insurance
100.00
50.00
200.00
Repairs &
Maint
187
188
189
Rent
A8 Clothing Co
XY Real Estate
A Electrician
(Rep. neon sign)
Rubber Tyre Co
(Tyres Del. Van)
Ergon Energy
SGIO (Shop)
Smith’s
Newsagency
Green’s Motors
(New del. van)
John Jones
(Casual Wages)
BP Garage
Purchases
Amount
07.06
Chq.No.
Yr XX
01.06
02.06
04.06
Cash Payments Book
Payee
Date
002-061B
9.09
4.54
18.18
45.46
181.82
186.36
18.64
31.82
3.18
54.55
1.82
545.45
18.18
10000.00
150.00
81.8
2
8.18
45.46
4.54
22.73
227.27
363.64
36.36
54.55
545.45
150.00
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 02.61 - Addendums
230903
Page 12
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 02.61 - Addendums
230903
Page 13
ADDENDUM 002-061C
002-061C
Bank Reconciliation Statement
Exercise No 1 - John Brown Retail Clothing Company
BANK RECONCILIATION STATEMENT AS AT
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 02.61 - Addendums
230903
Page 14
ADDENDUM 002-061D
BANK RECONCILIATION STATEMENTS
SUGGESTED SOLUTION - EXERCISE NO 1 - JOHN BROWN RETAIL CLOTHING COMPANY
Cash
Cash
Winter Festival
1528
1529
1530
70.00
200.00
450.00
30.06
John Brown
1531
20.00
$2,290.00
GST
Payable
24.06
25.06
29.06
Sundry
$
1,000.00
500.00
50.00
Capital
Contributed
$
1525
1526
1527
Sales
$
John Brown
Cash
SGIO
Received
From
02.06
04.06
16.06
Date
Amount
$
Completed Cash Receipts Book
Receipt No.
002-061D
1,000.00
454.55
45.45
(Refund
overpaid shop
insurance)
63.63
181.81
45.45
4.55
6.37
18.19
450.00
(Window display
prize)
20.00
$699.99
$1,020.00
$495.45
$74.56
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 02.61 - Addendums
230903
Page 15
ADDENDUM 002-061E
BANK RECONCILIATION STATEMENT EXERCISES
Exercise No 1 - John Brown Retail Clothing Company
Yr XX
01.06
02.06
04.06
07.06
08.06
10.06
11.06
11.06
15.06
19.06
22.06
25.06
28.06
29.06
30.06
02.06
A8 Clothing Co
XY Real Estate
A Electrician
(Rep. neon sign)
Rubber Tyre Co
(Tyres Del. Van)
Ergon Energy
SGIO (Shop)
Smith’s
Newsagency
Green’s Motors
(New del. van)
John Jones
(Casual Wages)
BP Garage
XY Real Estate
SGIO
(Insur. Del. van)
JB Fashion Ltd
BC Furniture Co
(Store shelves)
Cash
(Drawings MBF)
FDT
187
188
189
100.00
50.00
200.00
90.91
190
205.00
191
192
192
35.00
600.00
20.00
194
10000.00
195
150.00
196
197
198
90.00
50.00
250.00
199
200
400.00
600.00
201
150.00
150.00
10.00
10.00
Input Tax
Credit
Sundry
Capital
Postage
&
Stationery
Fuel & Oil
Electricity
M.V.
Expenses
Insurance
Repairs &
Maint
Rent
Purch.
Amount
Chq.No.
Completed Cash Payments Book
Payee
Date
002-061E
9.09
4.54
18.18
45.46
181.82
186.36
18.64
31.82
3.18
54.55
1.82
545.45
18.18
10000.00
150.00
81.82
8.18
4.54
22.73
45.46
227.27
363.64
36.36
54.55
545.45
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 02.61 - Addendums
230903
Page 16
05.05
(Bank Charges)
Cheque Book
(Cheque Book)
10.00
$12920.00
10.00
$454.55
$90.92
$181.82
$545.45
$413.64
$31.82
$81.82
$18.18
$10545.45
$320.00
$236.36
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 02.61 - Addendums
230903
Page 17
ADDENDUM 002-061F
002-061F
Bank Reconciliation Statement
BANK RECONCILIATION STATEMENT
AS AT 30TH JUNE XXXX
JOHN BROWN RETAIL CLOTHING COMPANY
Cash Book Balance 31.5
Add Receipts
39,750.00 Cr
2,290.00
42,040.00
12,920.00
$29,120.00 Cr
Less Payments
Cash Book Balance 30.6
Bank Statement Balance 30.6
Less Unpresented cheques
200
201
Reconciled Balance as at 30.6
29,870.00 Cr
$600.00
$150.00
750.00
$29,120.00 Cr
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 18
ADDENDUM 002-061G
EXERCISE NO 2 - SMITH'S MOTEL
002-061G
Cash Receipts Book
Cash Receipts (Bank Column) of Smiths’ Motel for March 20XX
Date
02.03
03.03
05.03
07.03
10.03
12.03
14.03
17.03
17.03
19.03
21.03
24.03
26.03
30.03
31.03
Receipt
No.
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
Particulars
Cash Sales
Debtor - J. Jones
Cash Sales
Cash Sales
Debtor - Jetset Travel
Cash Sales
Cash Sales
Debtor - S Green
Cash Sales
Cash Sales
Debtor - R Smart
Cash Sales
Debtor - A Blue
Cash Sales
Cash Sales
TOTAL:
Bank
400.00
440.00
690.00
615.00
1,425.00
426.00
333.00
453.00
510.00
338.00
209.00
927.00
425.00
1,254.00
739.00
$9,184.00
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 19
ADDENDUM 002-061H
EXERCISE NO 2 - SMITH'S MOTEL
002-061H
Cash Payment Book
Cash Payments (Bank Column only) of Smiths’ Motel for March 20XX
Date
03.03
03.03
10.03
10.03
10.03
10.03
17.03
17.03
24.03
24.03
24.03
Ch.No.
350
351
352
353
354
355
356
357
358
359
360
Particulars
Cash - Wages
Castlemaine Perkins
Cash - Wages
Fresha Eggs
Pacific Seafoods
Currey (Q’ld)
Cash - Wages
City Meats
Drawings - W Smith
Cash - Wages
Huggets
TOTAL:
Bank
685.00
1,250.00
850.00
130.00
937.00
395.00
729.00
1,255.00
468.00
427.00
200.00
$7,326.00
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 20
ADDENDUM 002-061I
EXERCISE NO 2 - SMITH'S MOTEL
002-061I
Bank Reconciliation Statement
as at 31 March 20XX
Cash book balance 28th February 20XX
Add Receipts
Less Payments
Cash Book Balance 31st March 20XX
Bank Statement Balance 31 March 20XX
Add Deposits not yet credited
Less Unpresented Cheques
Reconciled Balance as at 31 March 20XX
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 21
ADDENDUM 002-061J
SUGGESTED SOLUTION - EXERCISE NO 2 - SMITH'S MOTEL
002-061J
Completed Cash Receipts Book
Cash Receipts (Bank Column Only) of Smiths’ Motel for March 20XX
Date
02.03
03.03
05.03
07.03
10.03
12.03
14.03
17.03
17.03
19.03
21.03
24.03
26.03
30.03
31.03
27.03
Receipt
No.
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
BS
Particulars
Cash Sales
Debtor - J. Jones
Cash Sales
Cash Sales
Debtor - Jetset Travel
Cash Sales
Cash Sales
Debtor - S Green
Cash Sales
Cash Sales
Debtor - R Smart
Cash Sales
Debtor - A Blue
Cash Sales
Cash Sales
Interest on I.B.D.
TOTAL:
Bank
400.00
440.00
690.00
615.00
1,425.00
426.00
333.00
453.00
510.00
338.00
209.00
927.00
425.00
1,254.00
739.00
113.40
$9,297.40
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 22
ADDENDUM 002-061K
002-061K
Completed Cash Payments Book
Date
Ch.No.
03.03
03.03
10.03
10.03
10.03
10.03
17.03
17.03
24.03
24.03
24.03
27.03
350
351
352
353
354
355
356
357
358
359
360
BS
27.03
BS
Particulars
Cash - Wages
Castlemaine Perkins
Cash - Wages
Fresha Eggs
Pacific Seafoods
Currey (Q’ld)
Cash - Wages
City Meats
Drawings - W Smith
Cash - Wages
Huggets
Payment by Authority (Motor Vehicle
Lease)
Bank Charges
TOTAL:
Bank
685.00
1,250.00
850.00
130.00
937.00
395.00
729.00
1,255.00
468.00
427.00
200.00
416.50
32.60
$7,775.10
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 23
ADDENDUM 002-061L
002-061L
Bank Reconciliation Exercise
BANK RECONCILIATION OF SMITH’S MOTEL
AS AT 31ST MARCH 20XX
Cash Book Balance 28 February 20XX
Add Receipts
3,379.00 Cr
9,297.40
12,676.40
7,775.10
$4,901.30 Cr
Less Payments
Cash Book Balance 31 March 20XX
Bank Statement Balance 31 March 20XX
Add Deposits not yet credited
30/3/XX
Rec. 32
31/3/XX
Rec 33
Less Unpresented Cheques
342
353
355
359
360
Reconciled Balance as at 31 March 20XX
4,220.30 Cr
1,254.00
739.00
160.00
130.00
395.00
427.00
200.00
1,993.00
6,213.00
1,312.00
$4,901.30 Cr
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 24
AN IMPORTANT MESSAGE
The forms and commentaries contained in this paper are provided as a guide only and should not form the
sole basis for any advice in relation to the particular situation of any person without first obtaining proper
professional advice.
This paper is provided on the understanding that ESS BIZTOOLS Pty Ltd (ACN: 078 451 439) will not be
responsible as a result of any use made by users hereof of the forms or commentaries of this paper
without first obtaining specific professional advice. Neither shall ESS BIZTOOLS Pty Ltd be responsible
for any errors or omissions contained in these papers. ESS BIZTOOLS Pty Ltd expressly disclaims
liability whether under contract or negligence and whether to a direct purchaser of these papers or to any
other person who may borrow or use them in respect of any loss or damage flowing therefrom whether
direct or consequential. In particular and without limiting the extent of this disclaimer ESS BIZTOOLS Pty
Ltd accepts no liability if any form or commentary contained herein, whether used in its original form or
altered in some way by the user, proves not to be valid or not to attain the end result desired by the user.
This exclusion shall extend both to the user and to any client of the user who may suffer loss as a result of
the use of these papers and it shall apply even though ESS BIZTOOLS Pty Ltd may have been negligent
in the publication or preparation of these papers. The user acknowledges that it has not made known to
ESS BIZTOOLS Pty Ltd any particular purpose for which these papers are required and that it has not
relied on ESS BIZTOOLS Pty Ltd's skill or judgement to provide a paper suitable for any such purpose.
INTELLECTUAL PROPERTY NOTICE
The authority to use all copyright, trade marks and other intellectual property rights comprised in this
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part of this paper may be used, sold, transferred, licensed, copied or reproduced in whole or in part in any
manner or form whatsoever without the prior written consent of ESS BIZTOOLS Pty Ltd (ACN: 078 451
439).
 - ESS BIZTOOLS Pty Ltd - ACN: 078 451 439
Paper 002-061
220213
Page 25