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I really hope to get a complete answer to this questionthank u so much QUESTION 2 (20 marks) Ms. Michelle, a sole trader, needs your

I really hope to get a complete answer to this questionthank u so much image text in transcribed
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QUESTION 2 (20 marks) Ms. Michelle, a sole trader, needs your help in maintaining her cash book (bank column). Following is an extract of her cash book for the month of March 2020. RM RM 728 2020 16/3 17/3 18/3 21/3 334 396 78 24/3 268 Particulars Bal. B/d Dottie Ryan Sally Cash sales Rizqy Cash sales John Cash sales Kitty Cash sales Cash Book (Bank Column) 2020 Particulars Cheque No. 1,080 16/3 Mimie 1989 3,688 17/3 Petty cash 1990 1,790 1983 Stationery 1991 38 19/3 Jenny 1992 1,882 25/3 Stamps 1993 2,194 28/3 Services 1994 1,278 29/3 Travelling 1995 384 29/3 Equipment 1996 1,568 30/3 Wages 1997 732 30/3 Fumiture 1998 634 31/3 Rental 1999 576 718 27/3 28/3 266 29/3 18,720 2,780 674 29/3 30/3 30/3 31/3 31/3 1,298 Deep Cash sales 840 Ms. Michelle maintains her current account at Public Bank. She has received the following extract of the bank statement for the month of March 2020. Date 16/3 16/3 17/3 17/3 20/3 20/3 Bank Statement as on 31 March 2020 Particulars Debit (RM) Credit (RM) Balance (RM) Bal. b/d (1,722) Credit transfer 2,988 1,266 Cheque No. 1990 334 932 Cheque No. 1985 186 746 Local cheque deposit 3,688 4,434 Cheque No. 1991 396 4038 Deposit 1,790 5,828 Deposit 38 5,866 20/3 22/3 1,882 180 2,194 1,278 268 2,780 CONFIDENTIAL 25/3 Cash deposit 26/3 Dividend 28/3 Local cheque deposit 29/3 Cash deposit 30/3 Cheque No. 1993 30/3 Cheque No. 1997 30/3 Deposit 30/3 Cash deposit 30/3 Standing order 31/3 Cheque referred to drawer 31/3 Bank charges 31/3 Deposit 31/3 Cash deposit 31/3 Cheque No. 1989 384 7,748 7,928 10,122 11,400 11,132 8,352 8,736 10,304 10,232 10,194 9,974 10,706 11,340 10,612 1,568 72 38 220 732 634 728 Additional information: Both credit transfer of RM2,988 received from a customer and cheque number 1985 issued to a supplier in February 2020 were only presented in March 2020. Required: (1) Prepare the adjusted Cash Book (bank column) of Ms. Michelle for the month ending March 2020 (8 marks) (ii) Prepare the Bank Reconciliation Statement as on 31 March 2020. (12 marks)

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