Cash in hand Cash at bank Capital Drawings Motor vehicles Trade receivables RM 400 Trade payables 6,800 Sales 18,000 Purchases 300 Returns Outwards 8,500 Wages 2,100 Rent & rates RM 5,425 12,400 9.400 275 5,000 3,600 1)Prepare Trial balance

Cash in hand Cash at bank Capital Drawings Motor vehicles Trade receivables RM 400 Trade payables 6,800 Sales 18,000 Purchases 300 Returns Outwards 8,500 Wages 2,100 Rent & rates RM 5,425 12,400 9.400 275 5,000 3,600 1)Prepare Trial balance

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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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

RM
RM
400 Trade payables
6,800 Sales
Cash in hand
Cash at bank
Саpital
Drawings
Motor vehicles
18,000 Purchases
300 Returns Outwards
8,500 | Wages
2,100 Rent & rates
5,425
12,400
9.400
275
5,000
3,600
Trade receivables
1)Prepare Trial balance

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