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Question 9 Farah operates service apartment. She just received the 31 May 2018 bank statement from National Bank and the statement shows an ending balance
Question 9 Farah operates service apartment. She just received the 31 May 2018 bank statement from National Bank and the statement shows an ending balance of RM1,000 Listed on the statement are and EFT rental collection of RM500, a service charge of RM20, NSF cheques totaling RM150 and a RM10 charged for printed cheques. In reviewing her cash records, Farah identifies RM420 sheques still outstanding and a deposit in transit of RM1.,550. The company's Cash account shows balance of RM1810 on 31 May 2018. Instructions (a)Prepare the bank reconciliation at 31 May 2018. (b) Journalize the entries required by the reconciliation
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