Bintang Jaya Bhd (BJB) is a new company operated in Bukit Batu. As of 30 November 2020, the company cash account per its general ledger showed the following balance: CASH Balance (RM) 30 November 2020 Balance 52,200 The bank statement from Willy Bank Bhd (WBB) on that date showed the balance as at 30 November 2020 was RM51,860. A comparison of details between the company bank statements and cash account revealed the following facts: 1. The bank collected a note receivable of RM4,000 for BJB on 15 November 2020. 2. The 29 November 2020 receipts amount RM5,400 were deposited in a night deposit vault on 30 November 2020. These deposits were recorded by the bank in December 2020. 3. Checks outstanding on 30 November 2020 totalled RM2,420. 4. On 30 November 2020, the bank statement showed a non-sufficient fund (NSF) charge of RM1,360 for a check received by the company from Yusuff Ismail, a customer, on account. Prepare the bank reconciliation as at 30 November 2020 for BJB
Bintang Jaya Bhd (BJB) is a new company operated in Bukit Batu. As of 30 November 2020, the company cash account per its general ledger showed the following balance:
CASH Balance
(RM)
30 November 2020 Balance 52,200
The bank statement from Willy Bank Bhd (WBB) on that date showed the balance as at 30 November 2020 was RM51,860. A comparison of details between the company bank statements and cash account revealed the following facts:
1. The bank collected a note receivable of RM4,000 for BJB on 15 November 2020.
2. The 29 November 2020 receipts amount RM5,400 were deposited in a night deposit
vault on 30 November 2020. These deposits were recorded by the bank in
December 2020.
3. Checks outstanding on 30 November 2020 totalled RM2,420.
4. On 30 November 2020, the bank statement showed a non-sufficient fund (NSF) charge of RM1,360 for a check received by the company from Yusuff Ismail, a customer, on account.
Prepare the bank reconciliation as at 30 November 2020 for BJB
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