a.Prepare the updated cashbook.b.Prepare the bank reconciliation statement as at 31 December 2020. The following are the cash book and bank statement of DRS Enterprise for the month ofDecember 2020:Cash Book (Bank Account only)RM20202020RM460 Dec 4 Cheque no. 40010 Ruby6 Cheque no. 40011 Zain8 Cheque no. 40012 Harris10 Cheque no. 40013 Wong15 Cheque no. 40014 Daud21 Cheque no. 40015 LimDec 1 Balance b/d2,0003 Cash8 Lim2,6001,6001,70068014 Mat1,81676018 Jay and Kay9001,6002,30024 Bidin1,12031 Balance c/d5449,0409,040Jan 1 Balance b/d544Bank StatementDebitDateTransactionChequeNo.CreditBalanceCodeDec 1 Balance b/f460 Credit3CH2,6003,860 Credit6so1,0602,0002,800 Credit840010800 Credit9CQ1,6002,400 Credit11400137601,640 Credit12400111,70060 Debit14CT2,4002,340 Credit4,240 Credit18CT1,900CQso191,8056,045 Credit202,7003,345 Credit3,337 Credit2,137 Credit23CB827400161,2002,3002940015163 Debit31BC681,031 Debit Transaction CodesСВ СhequebookBC Bank ChargeCHCashSOStanding OrderCQ ChequeCTCredit Transfer

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Cash Book (Bank Account only) 2020 RM 2020 RM 460 Dec 4 Cheque no. 40010 Ruby 6 Cheque no. 40011 Zain 8 Cheque no. 40012 Harris Dec 1 Balance b/d 2,000 3 Cash 2,600 1,600 1,816 900 1,120 544 1,700 8 Lim 14 Mat 680 10 Cheque no. 40013 Wong 15 Cheque no. 40014 Daud 21 Cheque no. 40015 Lim 760 1,600 18 Jay and Kay 24 Bidin 2,300 31 Balance c/d 9,040 9,040 Jan 1 Balance b/d 544 Bank Statement Cheque No. Dec 1 Balance b/f Date Transaction Debit Credit Balance Code 460 Credit 3 CH 2,600 3,860 Credit 2,800 Credit 6 so 1,060 40010 2,000 800 Credit CQ 9 1,600 2,400 Credit 11 40013 760 1,640 Credit 12 40011 1,700 60 Debit 14 2,400 2,340 Credit 4,240 Credit 18 1,900 19 1,805 6,045 Credit 20 so 2,700 3,345 Credit 3,337 Credit 2,137 Credit 163 Debit 23 св 27 40016 1,200 29 40015 2,300 31 BC 68 1,031 Debit

Cash Book (Bank Account only) 2020 RM 2020 RM 460 Dec 4 Cheque no. 40010 Ruby 6 Cheque no. 40011 Zain 8 Cheque no. 40012 Harris Dec 1 Balance b/d 2,000 3 Cash 2,600 1,600 1,816 900 1,120 544 1,700 8 Lim 14 Mat 680 10 Cheque no. 40013 Wong 15 Cheque no. 40014 Daud 21 Cheque no. 40015 Lim 760 1,600 18 Jay and Kay 24 Bidin 2,300 31 Balance c/d 9,040 9,040 Jan 1 Balance b/d 544 Bank Statement Cheque No. Dec 1 Balance b/f Date Transaction Debit Credit Balance Code 460 Credit 3 CH 2,600 3,860 Credit 2,800 Credit 6 so 1,060 40010 2,000 800 Credit CQ 9 1,600 2,400 Credit 11 40013 760 1,640 Credit 12 40011 1,700 60 Debit 14 2,400 2,340 Credit 4,240 Credit 18 1,900 19 1,805 6,045 Credit 20 so 2,700 3,345 Credit 3,337 Credit 2,137 Credit 163 Debit 23 св 27 40016 1,200 29 40015 2,300 31 BC 68 1,031 Debit

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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