QUESTION 1 The following information is available to Gabuih Enterprise as of 31 December 2020: 1. Balance as per book 2. Cheques deposited but was not stated in the bank statement 3. Cheques issued but not yet presented at the bank 4. Bank charges debited from Gabuih Enterprise account as in bank statement 5. Interest recorded in Bank Statement only 6. Direct payment by a customer into the bank but not recorded in the book 7. Balance as per bank statement RM 1,650 3,500 3,000 100 150 2,600 3,800 REQUIRED: Prepare a Bank Reconciliation Statement for Gabuih Enterprise.

QUESTION 1 The following information is available to Gabuih Enterprise as of 31 December 2020: 1. Balance as per book 2. Cheques deposited but was not stated in the bank statement 3. Cheques issued but not yet presented at the bank 4. Bank charges debited from Gabuih Enterprise account as in bank statement 5. Interest recorded in Bank Statement only 6. Direct payment by a customer into the bank but not recorded in the book 7. Balance as per bank statement RM 1,650 3,500 3,000 100 150 2,600 3,800 REQUIRED: Prepare a Bank Reconciliation Statement for Gabuih Enterprise.

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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