Cash book balance RM4,000 Bank statement balance RM 4,270 On comparison on the following were found: 1. Cheque not yet presented for payment RM2,500. 2. Bank rejected cheque (Dishonoured cheque) amounting RM140. 3. Standing order for a staples order of RM700 was not noted. 4. A customer paid RM170 directly into the bank without notifying us. 5. Bank charges of RM160 were entered in the bank statement only. 6. A dividend of RM250 was paid directly into the bank and not recorded in the cash book. 7. Cheque for RM1,650 were entered into the cash book and deposited in the bank but had not been cleared. Prepare a bank reconciliation statement for the month
Cash book balance RM4,000 Bank statement balance RM 4,270 On comparison on the following were found: 1. Cheque not yet presented for payment RM2,500. 2. Bank rejected cheque (Dishonoured cheque) amounting RM140. 3. Standing order for a staples order of RM700 was not noted. 4. A customer paid RM170 directly into the bank without notifying us. 5. Bank charges of RM160 were entered in the bank statement only. 6. A dividend of RM250 was paid directly into the bank and not recorded in the cash book. 7. Cheque for RM1,650 were entered into the cash book and deposited in the bank but had not been cleared. Prepare a bank reconciliation statement for the month
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
.
Bank statement balance RM 4,270
On comparison on the following were found:
1. Cheque not yet presented for payment RM2,500.
2. Bank rejected cheque (Dishonoured cheque) amounting RM140.
3. Standing order for a staples order of RM700 was not noted.
4. A customer paid RM170 directly into the bank without notifying us.
5. Bank charges of RM160 were entered in the bank statement only.
6. A dividend of RM250 was paid directly into the bank and not recorded in the cash book.
7. Cheque for RM1,650 were entered into the cash book and deposited in the bank but had not
been cleared.
Prepare a
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