Required:

(a) Bring the Cash Book up to date, starting with the balance on 31 August 2020.

(b) Prepare a reconciliation statement, appropriately headed, which reconciles the balance between your amended Cash Book and the bank Statement balance at 31 August 2020.

(c) Zincs cheque has been returned by Maybank. What could be the possible reasons?

Question 2 The cashier of Zinc Trading has provided the following cash book summary (bank columns only) for August 2020. Dr Cash Book Aug Cr RM Aug RM 1 Bal b/f 7 Cash 12 C Richard 20 T Chan 27 Cash 1,400 100 400 150 120 4 J Singh 9 N Garcha 18 Rent 23 M Chi 30 S Lee Cheque No 1023 1024 1025 1026 1027 350 200 400 330 100 The Bank Statement received for August is summarised as follows: Details Aug 2020 Payment Receipts RM RM 150 100 1 Bal b/f 6 Credit transfer Wood S/B 7 Credit 9 Cheque No 1023 16 Cheque No 1024 18 Direct debit (Zone S/B) 24 Cheque no 1025 26 Credit 27 Credit 31 Bank charges 350 200 946 400 Balance RM 1,400 Cr 1,550 Cr 1,650 Cr 1,300 Cr 1,100 Cr 154 Cr 246 Dr 96 Dr 24 Cr 14 Cr 150 120 10