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 30 Melati Mac 16 Param 4,200 21 Joseph 31 Opie 369 184 192 160 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 31 Gigih Enterp : Trader's credit 31 TYF: standing order 31 Bank charges 369 3,883 88 3,795 32 3,827 3,846 19 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 30 Melati Mac 16 Param 4,200 21 Joseph 31 Opie 369 184 192 160 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 31 Gigih Enterp : Trader's credit 31 TYF: standing order 31 Bank charges 369 3,883 88 3,795 32 3,827 3,846 19 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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