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Please answer 1a,b,&c ..Thankyou! 296 Fundamentals of Financial Accounting Question 2 Rossa, a friend of yours, did not have much knowledge of accounting. She was

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Please answer 1a,b,&c ..Thankyou!

296 Fundamentals of Financial Accounting Question 2 Rossa, a friend of yours, did not have much knowledge of accounting. She was confused about why the closing balances in her business bank statement and in her business cash book (bank column) were not the same. Details of the balances were as follows: 2 Bank Statement as at March 20x1 Date Particulars Debit (RM) Credit (RM) Mar. 1 Balance b/d Nora (77213) 8,000 4 Hashim (33289) 16,000 5 Husin (46789) 1,740 8 Johan (33290) 12,000 10 Farid (33291) 6,000 11 Standing order 6,000 15 Bank charges 300 24 Interest on deposit 160 Balance (RM) 25,000 Cr. 33,000 Cr. 17,000 Cr. 18,740 Cr. 6,740 Cr. 740 Cr. 5,260 Dr. 5,560 Dr. 5,400 Dr. RM Cash Book (Bank column) Date RM Date Mar. 1 Balance b/d 25,000 Mar. 4 Hashim (33289) 16,000 2 Nora (77213) 8,000 8 Johan (33290) 12,000 5 Husin (46789) 1.780 10 Farid (33291) 6,000 29 Yusri (53421) 20,000 30 Salary (33292) 4,000 30 Aiza (48777) 10,000 30 TNB (33293) 10,000 Balance c/d 16,780 64,780 64,780 Additional information: On confirmation with the bank, it was revealed that the cheque no. 46789, received from a customer, Husin, was actually RM1,740. However, the bookkeeper mistakenly recorded it as RM1,780 in the cash book. Required: (a) Update the cash book. (b) Prepare a bank reconciliation statement as at 31 March 20xl. (c) Explain to Rossa why differences between her business's bank statement balance and her business's cash book balance can occur

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