REQUIRED for Cheezy Cakes:

(i) For June 2020, update the Cash at Bank Account.

(ii) Prepare a bank reconciliation statement as at 30 June 2020.

(iii) Explain how the use of petty cash book can serve as a cash management tool.

On 1* Jun 2020, Cheezzy Cakes had the following cheques still outstanding: Cheque no. 1234 RM3,000 Cheque no. 1235 RM2,700 Cheque no. 1236 RM2,300 Cheezy Cakes' cash at bank account for June 2020 is as follows: Cash at Bank Account Date Particulars RM Date Particulars 1/6 Balance bld 15.000 8/6 Cheque no. 1237 8/6 Deposit 12,000 13/6 Cheque no. 1238 15/6 Deposit 1.600 16/6 Cheque no. 1239 23/6 Deposit 6,400 16/6 Cheque no. 1239 23/6 Deposit 2,080 23/6 Cheque no. 1240 28/6 Deposit 3,100 29/6 Cheque no. 1241 30/6 Deposit 2.500 30/6 Balance eld 42.680 RM 3,400 5.500 1.777 1,777 3,200 2.686 24,340 42.680 2.700 Cheezy Cakes received its Bank Statement for June 2020 as follows: Date Particulars Debit Credit Balance RM RM RM 1/6 Balance bld 23,000 CR 5/6 Cheque no. 1235 20,300 CR 8/6 Deposit 12,000 32,300 CR 15/6 Deposit 1,600 33,900 CR 16/6 Cheque no. 1238 5.500 28,400 CR 20/6 Cheque no. 1237 3.400 25,000 CR 20/6 Cheque no. 1239 1,777 23,223 CR 23/6 Cheque no. 1240 3.200 20.023 CR 23/6 Cheque no. 1919 4.000 16,023 CR 23/6 Service charge 20 16,003 CR 23/6 Deposit 6,400 22.403 CR 23/6 Deposit 2.080 24,483 CR 27/6 Dividend - Berjaya Bhd 36 24,519 CR 28/6 Deposit 2,500 27,019 CR 29/6 Cheque no. 1234 3,000 24,019 CR 30/6 Standing instruction: Insurance 1,019 23,000 CR Additional information: 1. It was noted that, on 16 June, Cheezy Cakes recorded a payment to a supplier twice. 2. The bank credited Cheezy Cakes with the cheque no. 1919 that was issued by Cheese Cookies. 3. On 27 June 2020, the bank credited dividend from Berjaya Bhd and on 28 June 2020, debited a standing order for insurance in the account of Cheezy Cakes