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QUESTION 2 Mirabelle Sdn. Bhd. cash ledger for the month of September 2016 shows the followine Date Item Sept 1 Balance b/f Debit Credit Balance

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QUESTION 2 Mirabelle Sdn. Bhd. cash ledger for the month of September 2016 shows the followine Date Item Sept 1 Balance b/f Debit Credit Balance 7,620 180 7,440 Accounts payable Ariani Sdn. Bhd. Cheque No. 12345) Account receivable- Alyana 7,590 12 16 Accounts receivable - Basyirah 10 Accounts payable Ariani Sdn. Bhd. 26 Accounts payable - Mirasya Enterprise 1,180 Accounts payable Sugarscarf Sdn. Bhd. Cheque No 12346 1,5007,270 680 6,590 220 6,370 950 5,420 1,0904,330 6,490 (Cheque No 12347) 0 (Cheque No 12349) 26 Salaries expense (Cheque No. 12348) Accounts payable Faridah Enterprise Cheque No 12350) 28 Accounts receivable - Syamsinar 2,160 On 3 October 2016, the following bank statement was received from the bank: Amount Balance Date Transaction Details Sept 1 Opening balance 7,620 8 Payment-Cheque No 12345 12 Deposit from customer 15 Payment -Cheque No 53221 16 Deposit from customer 16 Payment- Cheque No 12346 22 Payment- Cheque No 12347 26 Salaries expense-Cheque 12348 28 Standing order- loan repayment 28 Service (180) (540) 1,180 (1,500) (860) (950) (150) (40) 7,590 7,050 8,230 6,730 5,870 4,920 4,730 Upon further investigation, the following differences were revealed: a. A payment of RM860 on 22 September 2016 for accounts payable was wrongly recorded in the cash ledger as RM680. The bank statement includes a charge of RM540 made on 15 September. This cheque does not belong to Mirabelle Sdn. Bhd. The bank has been notified about this error. b. Required: 1. Show necessary adjustments in the Cash Account of Mirabelle Sdn. Bhd. 5 marks) 2. Prepare the bank reconciliation as at 30 September 2016. 5 marks) (TOTAL: 10 marks)

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