5. The bank oolumns 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 11,895 July 6 Ah Chin 790 2020 RM July 1 Balance b/d 750 8 Ah Pek 13 Muthu 2,165 17 Veeta 465 17 Sari 440 29 Fasihah 1,535 30 Staff Club 285 31 Siew Ting 3,120 31 Balance c/d 14,165 17,805 17,805 Bank Statement Date Items Debit Credit Balance July 1 Balance b/d 8 Cheque 9 Ah Chin 11,895 790 12,685 750 11,935 17 Cheque 465 12.400 18 Muthu 2,165 10.235 19 Sari 440 9.795 1,535 11.330 29 Cheque 30 Standing order Mohd Azee: Trader's Credit 31 Bank charges 220 11,110 11.560 11.210 31 450 350 Required: a) Prepare the updated cashbook b) Prepare the bank reconciliation statement as at 31 July 2020
5. The bank oolumns 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 11,895 July 6 Ah Chin 790 2020 RM July 1 Balance b/d 750 8 Ah Pek 13 Muthu 2,165 17 Veeta 465 17 Sari 440 29 Fasihah 1,535 30 Staff Club 285 31 Siew Ting 3,120 31 Balance c/d 14,165 17,805 17,805 Bank Statement Date Items Debit Credit Balance July 1 Balance b/d 8 Cheque 9 Ah Chin 11,895 790 12,685 750 11,935 17 Cheque 465 12.400 18 Muthu 2,165 10.235 19 Sari 440 9.795 1,535 11.330 29 Cheque 30 Standing order Mohd Azee: Trader's Credit 31 Bank charges 220 11,110 11.560 11.210 31 450 350 Required: a) Prepare the updated cashbook b) Prepare the bank reconciliation statement as at 31 July 2020
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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)
2020
RM
2020
RM
July 1
8 Ah Pek
Balance b/d
11,895 July 6 Ah Chin
790
750
13 Muthu
2,165
17 Veeta
465
17 Sari
30 Staff Club
440
29 Fasihah
1,535
3,120
285
31 Siew Ting
31 Balance c/d
14,165
17,805
17,805
Bank Statement
Date
Items
Debit
Credit
Balance
July 1
Balance b/d
11,895
790
8 Cheque
9 Ah Chin
17 Cheque
18 Muthu
12,685
750
11,935
465
12.400
2,165
10.235
19 Sari
29 Cheque
9.795
11.330
440
1,535
11,110
30 Standing order
31 Mohd Azee: Trader's Credit
31 Bank charges
220
11.560
11.210
450
350
Required:
a) Prepare the updated cashbook
b) Prepare the bank reconciliation statement as at 31 July 2020
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