Question 3  2   The following are the cash book and bank statement of DRS Enterprise for the month of  December 2020:    Cash Book (Bank Account only)  2020 RM  2020 RM Dec 1 Balance b/d 460 3 Cash 2,600 8 Lim 1,600  14 Mat 1,816 18 Jay and Kay 900 24 Bidin 1,120  31 Balance c/d 544 total          9,040  Dec 4 Cheque no. 40010 Ruby 2,000 6 Cheque no. 40011 Zain 1,700  8 Cheque no. 40012 Harris 680   10 Cheque no. 40013 Wong 760  15 Cheque no. 40014 Daud 1,600  21 Cheque no. 40015 Lim 2,300     total     9,040  Jan 1 Balance b/d 544     Transaction Codes  CH Cash SO Standing Order CB Chequebook CQ Cheque CT Credit Transfer BC Bank Charge Required:    Prepare the bank reconciliation statement as at 31 December 2020.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question 3  2

 

The following are the cash book and bank statement of DRS Enterprise for the month of  December 2020: 

 

Cash Book (Bank Account only) 

2020 RM 

2020 RM

Dec 1 Balance b/d 460

3 Cash 2,600

8 Lim 1,600 

14 Mat 1,816

18 Jay and Kay 900

24 Bidin 1,120 

31 Balance c/d 544

total          9,040 

Dec 4 Cheque no. 40010 Ruby 2,000

6 Cheque no. 40011 Zain 1,700 

8 Cheque no. 40012 Harris 680  

10 Cheque no. 40013 Wong 760 

15 Cheque no. 40014 Daud 1,600 

21 Cheque no. 40015 Lim 2,300    

total     9,040 

Jan 1 Balance b/d 544

 

 

Transaction Codes 

CH Cash

SO Standing Order

CB Chequebook

CQ Cheque

CT Credit Transfer

BC Bank Charge



Required: 

 

  1. Prepare the bank reconciliation statement as at 31 December 2020. 

 

Bank Statement
Date
Cheque
Transaction
Debit
Credit
Balance
No.
Сode
Dec 1 Balance b/f
460 Credit
3,860 Credit
2,800 Credit
3
CH
2,600
SO
1,060
8
40010
2,000
800 Credit
9
CQ
1,600
2,400 Credit
11
40013
760
1,640 Credit
12
40011
1,700
60 Debit
2,340 Credit
4,240 Credit
14
CT
2,400
1,900
18
CT
19
CQ
1,805
6,045 Credit
20
SO
2,700
3,345 Credit
23
CB
8
3,337 Credit
2,137 Credit
27
40016
1,200
29
40015
2,300
163 Debit
31
ВС
68
1,031 Debit
Transcribed Image Text:Bank Statement Date Cheque Transaction Debit Credit Balance No. Сode Dec 1 Balance b/f 460 Credit 3,860 Credit 2,800 Credit 3 CH 2,600 SO 1,060 8 40010 2,000 800 Credit 9 CQ 1,600 2,400 Credit 11 40013 760 1,640 Credit 12 40011 1,700 60 Debit 2,340 Credit 4,240 Credit 14 CT 2,400 1,900 18 CT 19 CQ 1,805 6,045 Credit 20 SO 2,700 3,345 Credit 23 CB 8 3,337 Credit 2,137 Credit 27 40016 1,200 29 40015 2,300 163 Debit 31 ВС 68 1,031 Debit
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