NonnScents Enterprise is a company operated in Changlon, Kedah. As of 31 October 2021, NonnScents Enterprise’s cash account have a balance of RM33,822. The bank statement from Bank Tarak Tipu on that date showed the balance was RM34,022.50. A comparison of the details on the bank statements with the details in the cash account revealed the following facts: 1. The statement included a bank charges of RM200 for printing additional company checks. 2. A cash deposit of RM4,180.75 was wrongly recorded in the book as RM4,230.75. 3. Outstanding checks and deposits in transit as at 31 October were RM1,381.25 and RM4,680.75 respectively. 4. A company check no. 2212 for RM3,425 was incorrectly recorded in the book as RM3,290. 5. Bank collected a RM10,000 note receivable plus RM400 interest on behalf of the company. The bank charged a collection fee of RM15. 6. The bank mistakenly debited the company account of RM3,000 for a checks issued by NoCent Enterprise. 7. Returned with the statement is a check amounted RM3,500 marked as NSF, REQUIRED: Prepare the bank reconciliation for NonnScents Enterprise.
NonnScents Enterprise is a company operated in Changlon, Kedah. As of 31 October 2021, NonnScents Enterprise’s cash account have a balance of RM33,822. The bank statement from Bank Tarak Tipu on that date showed the balance was RM34,022.50. A comparison of the details on the bank statements with the details in the cash account revealed the following facts:
1. The statement included a bank charges of RM200 for printing additional company checks.
2. A cash deposit of RM4,180.75 was wrongly recorded in the book as RM4,230.75.
3. Outstanding checks and deposits in transit as at 31 October were RM1,381.25 and RM4,680.75 respectively.
4. A company check no. 2212 for RM3,425 was incorrectly recorded in the book as RM3,290.
5. Bank collected a RM10,000 note receivable plus RM400 interest on behalf of the company. The bank charged a collection fee of RM15.
6. The bank mistakenly debited the company account of RM3,000 for a checks issued by NoCent Enterprise.
7. Returned with the statement is a check amounted RM3,500 marked as NSF,
REQUIRED:
Prepare the bank reconciliation for NonnScents Enterprise.
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