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S.A Cheahs cash book and the bank statement which he received from the bank for the month of June 2020 are shown below: REQUIRED: Update
S.A Cheahs cash book and the bank statement which he received from the bank for the month of June 2020 are shown below:
REQUIRED:
- Update the cash book (bank column) .
- Prepare a bank reconciliation statement as at 30 Jun 2020.
- Explain THREE (3) reasons why balance in the cash book and bank statement is unequal.
RM 2020 2020 Jun 1 12 Jun 4 Balance b/d Sales 5000 1,800 Rent Stationery Chg No. 24778 24779 RM 330 300 10 20 Johan Trading 450 Osman & Amar 24780 3200 11 26 Fuad Enterprise 200 Mika Lim 24781 1,470 23 28 Minah & Ghani 400 Tina Tan 24782 650 27 Ami 24783 250 29 Balance cld 1650 7850 7850 1650 Jul 1 Balance b/d Bank Statement for the month ended 30 June 2020: Date Particulars Balance Debit RM Credit RM 2020 RM Jun 1 4 11 330 300 3,200 12 13 20 Balance b/d Cheque No. 24778 Cheque No. 24779 Cheque No. 24780 Cash Johan Trading (cha no 67894) Cheque No. 24781 Fuad Enterprise (chg no 74365) Cheque book Insurance (A & A) Dividend (Ampex) 5,000(cm) 4,670 4,370 1,170 1,800 2,970 450 3,420 1,950 200 2,150 2,130 1,850 120 1,970 23 26 1,470 27 20 28 280 30
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