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 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
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 4QY: What is the journal entry to record an NSF check, from J. Smith for 250, that is returned with the...
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Question
- 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
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