Making changes

Gap-fill exercise

Here is a letter from a firm of accountants to a client. Complete the letter by typing in the mtssing phrases. Choose from the box below.
   accumulated      adjustments      change      cheque for £2,500      do not hesitate      ended 30 April 1997      provision for bad      the audited accounts      the bank overdraft      with the final accounts   
Dear Mr Lee
We have pleasure in enclosing five copies of the full accounts for the period (1) .
We are also sending you a list of the adjustments which you need to make to your Nominal Ledger so that the opening balances at 1 May 1997 agree with (2) .
  • Please put in the details of a (3) in December 1995 for Customs and Excise into bank payments. These details are missing so the Nominal Ledger understates (4) .
  • Increase bank payments by £185.20 and code it direct to purchases. This will cover various small differences which have (5) over the years.
  • Make new Nominal Ledger code headings for (6) debts.
  • (7) the present code headings for plant and equipnent at cost to 0011.
We feel it is better to separate the cost and depreciation of the fixed assets in the Nominal Ledger to make it easier to compare (8) It also makes it easier to find any (9) which have been made.
If you have any problems with these changes or would like to discuss them further, please (10) to contact us.

Yours sincerely

Lydia Triffs