1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book (Bank Account only) 2020 RM 2020 RM Dec 1 Balance b/d 7 Farah 22 Ghaz Dec 3,419 8 Basri 15 Farid 462 101 21 44 28 Tengku 209 31 Weiwei 319 31 Siti 246 3,437 4,129 31 Balance cld 4,129 Bank Statement Items Dec 1 Balance b/d 7 Cheque Balance 3,419 Date Debit Credit 101 3,520 11 Basri 462 3,058 20 Farid 21 3,037 22 Cheque 31 Credit Transfer : Tina 44 3,081 93 3,174 31 Bank Charges 47 3,127 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.
1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book (Bank Account only) 2020 RM 2020 RM Dec 1 Balance b/d 7 Farah 22 Ghaz Dec 3,419 8 Basri 15 Farid 462 101 21 44 28 Tengku 209 31 Weiwei 319 31 Siti 246 3,437 4,129 31 Balance cld 4,129 Bank Statement Items Dec 1 Balance b/d 7 Cheque Balance 3,419 Date Debit Credit 101 3,520 11 Basri 462 3,058 20 Farid 21 3,037 22 Cheque 31 Credit Transfer : Tina 44 3,081 93 3,174 31 Bank Charges 47 3,127 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:1. The following are extract from the cash book and bank statement of Fifi Enterprise.
Cash Book (Bank Account only)
2020
Dec
2020
RM
RM
Dec 1 Balance b/d
7 Farah
3,419
8
Basri
462
101
15 Farid
21
22 Ghaz
44
28 Tengku
209
31 Weiwei
319
31 Siti
246
31 Balance cld
3,437
4,129
4,129
Bank Statement
Date
Items
Debit
Credit
Balance
Dec 1 Balance b/d
7 Cheque
3,419
3,520
3,058
101
11 Basri
462
20 Farid
21
3,037
22 Cheque
44
3,081
3,174
31 Credit Transfer: Tina
93
31 Bank Charges
47
3,127
Required:
a) Prepare the updated cashbook.
b) Prepare the bank reconciliation statement as at 31 December 2020.
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