Joseph KK Ho's work diary

Task 1 Visit the website of Census and Statistics Department of Hong Kong (re: http://www.censtatd.gov.hk/hkstat/sub/bbs.jsp), and do some additional Internet research; then conduct an analysis on data related to inflation rates and unemployment rates from 2007-2011 using the model of Phillips Curve in Macroeconomics as the main theory of analysis. 40% Task 2 Similar to task 2, now gather data on money supply and inflation rates of Hong Kong from 2007-2011 (5 years), and conduct an analysis on the data using Quantity theory of money as the main theory of analysis. 40% Task 3 Based on your discussion in Tasks 1 and 2, you are required to discuss how the inflation rate situation in Hong Kong affects business decisions in Hong Kong 20%

ABC’s Cash Book at 30th November 1982 showed an overdrawn position of £3,630 which did not match with her bank statement. Detailed examination of the two records revealed the following: (a) The debit side of the cash book had been undercast by £300. (b) A cheque for £1,560 in favour of Z Suppliers Ltd., had been omitted by the bank from its statement, the cheque having been debited to another customer’s account. (c) A lodgement of £1080 on 30th November had not been credited by the bank. (d) Interest amounting to £228 had been debited by the bank but not entered in the cash book. Required: Reconcile the balance of the cash book and bank statement to the corrected bank balance. ************************************************************* Answer Bank Reconciliation Statement as at 30.11.82 $ $ Balance as per cash book (3630) Add: Debit side of cash book undercast 300 (3330) Less: Interest not entered in cash book 228 Balance as per corrected