3. The bank column in the cash book for Mac 2020 and the bank statement for that monthfor Keris Enterprise are as follows:2020Mac 16 Param21 Joseph31 Opie31 Balance c/dCash Book (Bank Account only)2020292 Мас 1 Вalance bid6 Maria30 MelatiRMRM4,2003691841921604,19530 Suria5045,0485,048Bank StatementDateItemsDebitCreditBalance4,2004,384Mac 1 Balance8 Maria16 Cheque1842924,0924,2523,88316020 Melati21 Cheque31 Gigih Enterp : Trader's credit31 TYF: standing order369883,7953,8273,8463231 Bank charges19Required:a) Prepare the updated cashbook.b) Prepare the bank reconciliation statement as at 31 Mac 2020.

In case of any mismatch of balance of cash book and pass book, we prepare the Reconciliation…

3. The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris Enterprise are as follows: 2020 Mac 16 Param 21 Joseph 31 Opie 31 Balance c/d Cash Book (Bank Account only) 2020 292 Mac 1 Balance b/d 369 RM RM 4,200 6 Maria 184 30 Melati 30 Suria 192 160 4,195 504 5,048 5,048 Bank Statement Debit Date Mac 1 Balance 8 Maria 16 Cheque Balance 4,200 4,384 Items Credit 184 292 4,092 4,252 3,883 20 Melati 160 21 Cheque 31 Gigih Enterp : Trader's credit 31 TYF: standing order 31 Bank charges 369 3,795 3,827 88 32 19 3,846 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 Mac 2020.

3. The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris Enterprise are as follows: 2020 Mac 16 Param 21 Joseph 31 Opie 31 Balance c/d Cash Book (Bank Account only) 2020 292 Mac 1 Balance b/d 369 RM RM 4,200 6 Maria 184 30 Melati 30 Suria 192 160 4,195 504 5,048 5,048 Bank Statement Debit Date Mac 1 Balance 8 Maria 16 Cheque Balance 4,200 4,384 Items Credit 184 292 4,092 4,252 3,883 20 Melati 160 21 Cheque 31 Gigih Enterp : Trader's credit 31 TYF: standing order 31 Bank charges 369 3,795 3,827 88 32 19 3,846 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 Mac 2020.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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2. The bank column in the cash book for June 2020 and the bank statement for that month for Haris are as fllows: Cash Book (Bank Account only) 2020 1,410 June 5 Laila 12 Razi 2020 RM RM June 1 Balance b/d 7 Juju 180 62 519 16 Mei 75 16 Silvia 41 28 Fafau 224 29 Dovan 22 30 Gopal 582 1,591 2,353 31 Balance c/d 2,353 Bank Statement Debit Date Items June 1 Balance b/d 7 Cheque 8 Lily 16 Cheque Credit Balance 1,410 62 1,472 1,292 180 75 1,367 848 17 Razi 519 18 Silvia 41 807 28 Cheque 29 SLM Standing Order 224 1,031 979 52 30 Lisa : Trader's Credit 64 30 Bank charges 1,043 1,000 43 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 30 June 2020.
4. The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows: Cash Book (Bank Account only) 2020 Dec 230 2020 RM RM Dec 6 Peypei 20 Ceria 1 Balance bld 10 Luna 19 Wilson 1,900 265 304 31 Baiti 325 261 31 Balance c/d 1,682 29 Cikmah 37 2,502 2,502 Bank Statement Date Items Debit Credit Balance Dec 1 Balance 1,900 6 Cheque 230 1,670 1,974 1,709 13 Luna 304 20 Cheque 265 22 Wilson 261 1,970 30 Tox : Standing Order 31 Rina : Trader's Credit 31 Bank charges 94 2,064 1,962 102 72 2,034 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.
4. The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Dec Dec 6 Peуpei Balance b/d 1,900 304 230 1 20 Ceria 265 10 Luna 31 Baiti 325 19 Wilson 261 31 Balance c/d 1,682 29 Cikmah 37 2,502 2,502 Bank Statement Date Items Debit Credit Balance 1,900 1,670 Dec 1 Balance 6 Cheque 230 1,974 1,709 13 Luna 304 20 Cheque 265 22 Wilson 30 Tox : Standing Order Rina : Trader's Credit 31 Bank charges 261 1,970 94 2,064 31 102 1,962 72 2,034 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.
3. The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris Enterprise are as follows: E. TE Cash Book (Bank Account only) 2020 RM 2020 RM Mạc 16 Param 292| Мас 1 Balance b/d 4,200 6 Maria 21 Joseph 31 Opie 369 184 192 30 Melati 160 31 Balance c/d 4,195 30 Suria 504 5,048 5,048 Bank Statement Date Items Debit Credit Balance Мас 1 Balance 4,200 8 Maria 4,384 4,092 184 16 Cheque 292 20 Melati 4,252 3,883 160 21 Cheque 31 Gigih Enterp : Trader's credit 31 TYF: standing order 31 Bank charges 369 88 3,795 32 3,827 19 3,846 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 Mac 2020.
3. The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris Enterprise are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM 292 Mac 1 Balance b/d 6 Maria Mac 16 Param 4,200 21 Joseph 31 Оpie 31 Balance c/d 369 184 192 30 Melati 160 4,195 30 Suria 504 5,048 5,048 Bank Statement Date Items Debit Credit Balance Мас 1 Balance 4,200 8 Maria 184 4,384 4,092 16 Cheque 292 4,252 3,883 3,795 3,827 3,846 20 Melati 160 21 Cheque 31 Gigih Enterp : Trader's credit 31 TYF: standing order 31 Bank charges 369 88 32 19 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 Mac 2020.
The bank columns in the cash book for month of June 2020 and Maybank's bank statement for that month for James Enterprise are as follows: Cash Book Date Particulars Amount Date Particulars Amount (RM) (RM) 2020 2020 1,410 | June 5 62 June 12 75 June 16 224 June 29 582 June 30 June 1 Balance b/d L Holmes 180 J May June 16 T wWilson J Rebus T Silver June 7 519 41 June 28 F Slack Blister Disco 22 June 30 G Baker Balance c/d 1,591 2.353 2.353 Maybank Bank Statement as at 30 June 2020 Date Particulars Withdrawals Deposits Balance (RM) (RM) (RM) June 1 Balance b/d 1,410 Cheque F Lane June 7 62 1,472 June 8 180 1,292 Cheque J Rebus T Silver June 16 75 1,367 June 17 519 848 June 18 41 807 Cheque SLM Standing Order June 30 Flynn: Trader's Credit Bank Charges June 28 224 1,031 June 29 52 979 64 1,043 June 30 43 1,000 | You are required to: (a) Draw up a Bank Reconciliation Statement as at 30 June 2020.
The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Dec 6 Peypei 230 20 Ceria 265 31 Baiti 325 31 Balance c/d 1,682 2,502 Dec 1 Balance b/d 1,900 10 Luna 304 19 Wilson 261 29 Cikmah 37 2,502 Bank Statement Date Items Debit Credit Balance Dec 1 Balance 1,900 6 Cheque 230 1,670 13 Luna 304 1,974 20 Cheque 265 1,709 22 Wilson 261 1,970 30 Tox:Standing Order 94 2,064 31 Rina:Trader’s Credit 102 1,962 31 Bank charges 72 2,034 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020
The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris Enterprise are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Mac 16 Param 292 Mac 1 Balance b/d 4,200 21 Joseph 369 6 Maria 184 31 Opie 192 30 Melati 160 31 Balance c/d 4,195 30 Suria 504 5,048 5,048 Bank Statement Date Items Debit Credit Balance Mac 1 Balance 4,200 8 Maria 184 4,384 16 Cheque 292 4,092 20 Melati 160 4,252 21 Cheque 369 3,883 31 Gigih Enterp : Trader’s credit 88 3,795 31 TYF: standing order 32 3,827 31 Bank charges 19 3,846 Required: Prepare the updated cashbook Prepare the bank reconciliation statement as at 31 Mac 2020
The bank columns in the cash book for June 2019 and the bank statement for that month for Phillips Hardware Company Ltd are as follows:DrCash BookCr 2019 $2019 $ 1-JunBalance b/d4,2305-JunR.Red540 7-JunP. Ryan18612-JunJ. Rebus1,557 16-JunG. Grey22516-JunY.Yale123 28-JunJ. Jim67229-JunBlister Disco66 30-JunT. Fling1,74630-JunBalance c/d4,773 7,059 7,059 Bank Statement June 2019 DrCrBalance $$$ 1Balance b/d 4,230 7Cheque 1864,416 5R.Red540 3,876 16Cheque 2254,101 17J. Rebus1,557 2,544 18Y.Yale123 2,421 28Cheque 6723,093 29SLM standing order156 2,937 30G.Rice: trader's credit 1923,129 30Bank charges129 3,000 As the accountant, you have been asked to do the following: a) Prepare an updated cashbook for the month b) Prepare a bank reconciliation statement for the month c) Advise the directors of Phillips Hardware how they can use theinternal control measures listed below to mitigate against error and fraud in the business. 1: Physical Observation 2: Authorization and Approval 3:…
The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Dec 6 Peypei 230 Dec 1 Balance b/d 1,900 20 Ceria 265 10 Luna 304 31 Baiti 325 19 Wilson 261 31 Balance c/d 1,682 29 Cikmah 37 2,502 2,502 Bank Statement Date Items Debit Credit Balance Dec 1 Balance 1,900 6 Cheque 230 1,670 13 Luna 304 1,974 20 Cheque 265 1,709 22 Wilson 261 1,970 30 Tox : Standing Order 94 2,064 31 Rina : Trader’s Credit 102 1,962 31 Bank charges 72 2,034 Required: Prepare the updated cashbook
The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Dec 6 Peypei 230 Dec 1 Balance b/d 1,900 20 Ceria 265 10 Luna 304 31 Baiti 325 19 Wilson 261 31 Balance c/d 1,682 29 Cikmah 37 2,502 2,502 Bank Statement Date Items Debit Credit Balance Dec 1 Balance 1,900 6 Cheque 230 1,670 13 Luna 304 1,974 20 Cheque 265 1,709 22 Wilson 261 1,970 30 Tox : Standing Order 94 2,064 31 Rina : Trader’s Credit 102 1,962 31 Bank charges 72 2,304 Required: Prepare the updated cashbook Prepare the bank reconciliation statement as at 31 December 2020
The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris Enterprise are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Mac 16 Param 292 21 Joseph 369 31 Opie 192 31 Balance c/d 4,195 5,048 Mac 1 Balance b/d 4,200 6 Maria 184 30 Melati 160 30 Suria 504 5,048 Bank Statement Date Items Debit Credit Balance Mac 1 Balance 4,200 8 Maria 184 4,384 16 Cheque 292 4,092 20 Melati 160 4,252 21 Cheque 369 3,883 31 Gigih Enterp : Trader’s credit 88 3,795 31 TYF: standing order 32 3,827 31 Bank charges 19 3,846…