Chapter : Bank Reconciliation Statement 下5. The bank columns in the cash book for July 2020 and the bank statement for thatmonth for AAA Trading are as follows:Cash Book (Bank Account only)2020RM2020RMJuly 1 Balance b/d8 Ah Pek11,895 July 6 Ah Chin75079013 Muthu2,16517 Veeta46517 Sari44029 Fasihah1,53530 Staff Club28531 Siew Ting3,12017,80531 Balance c/d14,16517,805Bank StatementDateItemsDebitCreditBalanceJuly 1Balance b/d8 Cheque9 Ah Chin17 Cheque11,89512,68511,93579075046512,40018 Muthu2,16510,23519 Sari29 Cheque30 Standing order31 Mohd Azee : Trader's Credit31 Bank charges4409,79511,3301,53522011,11011,56045035011,210Required:a) Prepare the updated cashbook.b) Prepare the bank reconciliation statement as at 31 July 2020.FiltersAdd a caption.

The bank reconciliation statement (BRS) is made by the management in order to identify the…

5. The bank columns in the cash book for July 2020 and the bank statement for that month for AAA Trading are as follows: Cash Book (Bank Account only) RM 11,895 July 6 Ah Chin 2020 2020 RM July 1 Balance bid 750 8 Ah Pek 790 13 Muthu 2,165 17 Veeta 465 17 Sari 440 29 Fasihah 31 Siew Ting 1,535 30 Staff Club 285 3,120 31 Balance c/d 14,165 17,805 17,805 Bank Statement Date Items Debit Credit Balance July 1 Balance b/d 11,895 8 Cheque 9 Ah Chin 17 Cheque 790 12,685 750 11,935 12,400 465 18 Muthu 2,165 10,235 19 Sari 440 9,795 11,330 29 Cheque 1,535 30 Standing order 31 Mohd Azee : Trader's Credit 31 Bank charges 220 11,110 11,560 450 350 11,210 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 July 2020.

5. The bank columns in the cash book for July 2020 and the bank statement for that month for AAA Trading are as follows: Cash Book (Bank Account only) RM 11,895 July 6 Ah Chin 2020 2020 RM July 1 Balance bid 750 8 Ah Pek 790 13 Muthu 2,165 17 Veeta 465 17 Sari 440 29 Fasihah 31 Siew Ting 1,535 30 Staff Club 285 3,120 31 Balance c/d 14,165 17,805 17,805 Bank Statement Date Items Debit Credit Balance July 1 Balance b/d 11,895 8 Cheque 9 Ah Chin 17 Cheque 790 12,685 750 11,935 12,400 465 18 Muthu 2,165 10,235 19 Sari 440 9,795 11,330 29 Cheque 1,535 30 Standing order 31 Mohd Azee : Trader's Credit 31 Bank charges 220 11,110 11,560 450 350 11,210 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 July 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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