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: b) Prepare the bank reconciliation statement as at 31 Mac 2020.
Q: At November 30, Mazaya Company has the following bank information. cash balance per book RO4.600,…
A: Bank Reconciliation Statement: Bank statement is prepared by bank. The company maintains its own…
Q: Gibson Energy Ltd.'s general ledger account for Cash in Bank showed the following at December 31,…
A: Bank reconciliation statement refers to a reconciliation between the entries entered in the cash…
Q: A comparison of the cashbooks for June, the above bank reconciliation statement and the bank…
A: Step 1 A bank reconciliation statement is a statement of banking and business activity that…
Q: 3. The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris…
A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…
Q: The bank column in the cash book for June 2020 and the bank statement for that month for Haris are…
A:
Q: Write up a three-column Cash Book for Kevin Davis for the month of 2020 August from the following…
A: Three column cash books show the separate balance of cash, bank, and discount amount. It helps the…
Q: 2. The bank column in the cash book for June 2020 and the bank statement for that month for Haris…
A: Following are the updated cash book and bank reconciliation
Q: While checking the cash account of the Torquoise Company on December 31, 2020, you find the…
A: Torquoise Company Currency and coins counted P95,000 Petty cash fund P10,000 Less: Petty…
Q: The bank columns in the cash book for June 2019 and the bank statement for that month for Phillips…
A: The question is based on the concept of Business Transaction Analysis.
Q: The bank column in the cash book for December 2020 and the bank statement for that month for King…
A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…
Q: Below is information about Lisa Ltd's cash position for the month of June 2019. 1. The general…
A: Bank Reconciliation-:A Bank Reconciliation report is a statement of banking and enterprise activity…
Q: The cash book and bank statement for the month of September 2020 are given below: Cash Book…
A: Adjusted Cash Book is prepared if there is any difference between the Balance as per Bank statement…
Q: At April 30, Novak Corp. has the following bank information: Cash balance per bank $4400…
A: The bank reconciliation has two parts, namely bank balance and book balance. Both of these balances…
Q: At October 31, Matrah Company has this bank information: cash balance per bank RO 8,950; outstanding…
A:
Q: 5. The bank columns in the cash book for July 2020 and the bank statement for that month for AAA…
A: Bank Reconciliation Statement Bank Balance per Bank 11,210 Add: Deposits…
Q: 3. The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris…
A: In case of any mismatch of balance of cash book and pass book, we prepare the Reconciliation…
Q: The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris…
A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…
Q: Prepare the bank reconciliation statement as at 31 December 2020.
A: Bank Reconciliation There are many errors that can be made in the bookkeeping and it is therefore…
Q: The following are the cash book and bank statement of DRS Enterprise for the month of December 2020:…
A: BANK RECONCILIATION STATEMENT A bank reconciliation statement is a consolidated summary…
Q: At November 30, Mazaya Company has the following bank information: cash balance per book R 04,600;…
A: Particulars Amount Cash balance per books RO 4,600 Add: interest RO 10 Less: Bank charges RO…
Q: 1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book…
A: Bank Reconciliation is the statement showing the totals of cash book and pass book which needs to…
Q: The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book…
A: Cash book is the account in which all the cash and bank transactions are recorded. After preparing…
Q: Prepare the bank reconciliation statement as at 30 June 2020.
A: Bank Reconciliation Statement as at 30 June 2020. Particulars RM RM Balance as Per Cash Book as…
Q: 1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book…
A: A bank reconciliation statement is a document that compares the cash balance on a company’s balance…
Q: The bank column in the cashbook for June 2021 and the bank statement for that month for In Bloom…
A: Updated Cash Book Balance includes: Adding all the amounts which are credit directly into the bank…
Q: Suraya Enterprise has a current Bak Kasih Berhad account with Bank Kasih Berhad. Below Bank…
A: Bank Reconciliation statement is prepared at the end of the year to reconcile the balances of bank…
Q: The bank columns in the cash book for July 2020 and the bank statement for that month for AAA…
A: Introduction: Bank reconciliation: Its a statement prepared by the customer of the bank to reconcile…
Q: 3. The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris…
A: Cash book is prepared in order to maintain a record of the cash paid and received by the company.…
Q: The bank columns in the cash book for July 2020 and the bank statement for that month for AAA…
A: Credit side cash book adjustment=Standing order+Bank charges=RM 220+ RM 350=RM 570
Q: Callous Company reported the following accounts on December 31, 2020: Cash on hand Petty cash fund…
A: These are part of current assets which are short-term commitments that can be converted into cash…
Q: The bank columns in the cash book for month of June 2020 and Maybank's bank statement for that month…
A: Ideally cash balance as per cashbook and bank balance as per bank statement should reconcile with…
Q: 3. The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris…
A: a) Below is the Updated Cashbook: Cash Book (Bank Account Only) Date Particulars Amount (RM) Date…
Q: 5. The bank columns in the cash book for July 2020 and the bank statement for that month for AAA…
A: The bank reconciliation statement (BRS) is made by the management in order to identify the…
Q: 1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book…
A: Bank reconciliation statement is the statement which the causes of difference between the balance of…
Q: Epto Ergo’s bank statement from Crypto Bank at July 31, 2020, gives the following information.…
A: A Bank Reconciliation Statement is a statement that provides summary of banking transactions where…
Q: The bank column in the cash book for December 2020 and the bank statement for that month for King…
A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…
Q: Gibson Energy Ltd.'s general ledger account for Cash in Bank showed the following at December 31,…
A: Bank reconciliation statement: Bank reconciliation statement is a statement prepared by the account…
Q: The bank column in the cash book for June 2020 and the bank statement for that month for Haris are…
A: $ $ $ Particulars Dr Cr Balance 1st June 1410 0 1410 5th 180 1230 7th 62 1292 12th…
Q: The bank column in the cash book for June 2020 and the bank statement for that month for Haris are…
A: The difference in balances of cash book and pass book may occur due to one or many reasons like…
Q: 2. The bank column in the cash book for June 2020 and the bank statement for that month for Haris…
A: a. Updated Cashbook: Date Particulars Dr (RM) Cr (RM) Balance (RM) June 1 2020 Balance b/d…
Q: The bank column in the cash book for December 2020 and the bank statement for that month for King…
A: Bank reconciliation statement is the process in which bank balance as per the entity records is…
Q: The bank column in the cash book for Mac 2020 and the bank statement for that month for Keris…
A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…
Q: 1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book…
A: In the above question we have asked to prepare updated cash book and bank reconciliation with the…
Q: The bank columns in the cash book for July 2020 and the bank statement for that month for AAA…
A: Whenever the difference occurs between cash book balance and Pass book balance, the Bank…
Q: The bank columns in the cash book for July 2020 and the bank statement for that month for AAA…
A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…
Q: The folowing are extracts from the cash book and the bank statement of R. Wright. You are required…
A: The bank reconciliation statement is prepared to adjust the cash balances of cash book and pass book…
Q: The following are extract from the cash book and bank statement of Fifi Enterprise Cash Book…
A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…
Q: The bank column in the cash book for December 2020 and the bank statement for that month for King…
A: Cash book:- Cash book refers to the book which contain all the receipts and disbursements, including…
The bank column in the
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:
b) Prepare the
Step by step
Solved in 2 steps
- What is the journal entry to record an NSF check, from J. Smith for 250, that is returned with the bank statement? a. Cash 250 DR; NSF Check 250 CR b. Accounts Receivable 250 DR; Cash 250 CR c. NSF Check 250 DR; Accounts Receivable 250 CR d. Cash 250 DR; Accounts Receivable 250 CR e. Cash 250 DR; Miscellaneous Expense 250 DRThe 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 2020The 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…
- 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 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 cashbookThe 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 bank reconciliation statement as at 31 December
- 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 2020The 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 20203. 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 Мас 1 Вalance bid 6 Maria 30 Melati RM RM 4,200 369 184 192 160 4,195 30 Suria 504 5,048 5,048 Bank Statement Date Items Debit Credit Balance 4,200 4,384 Mac 1 Balance 8 Maria 16 Cheque 184 292 4,092 4,252 3,883 160 20 Melati 21 Cheque 31 Gigih Enterp : Trader's credit 31 TYF: standing order 369 88 3,795 3,827 3,846 32 31 Bank charges 19 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 Mac 2020.
- 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 2020.3. 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.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) 2020 RM 2020 RM July 1 Balance b/d 11,895 8 Ah Pek 790 17 Veeta 465 29 Fasihah 1,535 31 Siew Ting 3,120 17,805 July 6 Ah Chin 750 13 Muthu 2,165 17 Sari 440 30 Staff Club 285 31 Balance c/d 14,165 17,805 Bank Statement Date Items Debit Credit Balance July 1 Balance b/d 11,895 8 Cheque 790 12,685 9 Ah Chin 750 11,935 17 Cheque 465 12,400 18 Muthu 2,165 10,235 19 Sari 440 9,795 29 Cheque 1,535 11,330 30 Standing order 220 11,110 31 Mohd Azee:Trader’s Credit…