The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Dec 6 Peypei 230 Dec 1 Balance b/d 1,900 20 Ceria 265 10 Luna 304 31 Baiti 325 19 Wilson 261 31 Balance c/d 1,682 29 Cikmah 37 2,502 2,502 Bank Statement Date Items Debit Credit Balance Dec 1 Balance 1,900 6 Cheque 230 1,670 13 Luna 304 1,974 20 Cheque 265 1,709 22 Wilson 261 1,970 30 Tox : Standing Order 94 2,064 31 Rina : Trader’s Credit 102 1,962 31 Bank charges 72 2,034 Required: Prepare the updated cashbook
The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Dec 6 Peypei 230 Dec 1 Balance b/d 1,900 20 Ceria 265 10 Luna 304 31 Baiti 325 19 Wilson 261 31 Balance c/d 1,682 29 Cikmah 37 2,502 2,502 Bank Statement Date Items Debit Credit Balance Dec 1 Balance 1,900 6 Cheque 230 1,670 13 Luna 304 1,974 20 Cheque 265 1,709 22 Wilson 261 1,970 30 Tox : Standing Order 94 2,064 31 Rina : Trader’s Credit 102 1,962 31 Bank charges 72 2,034 Required: Prepare the updated cashbook
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
- The bank column in the
cash book for December 2020 and the bank statement for that month for King Trading are as follows:
Cash Book (Bank Account only)
2020 |
|
RM |
2020 |
|
RM |
Dec 6 |
Peypei |
230 |
Dec 1 |
Balance b/d |
1,900 |
20 |
Ceria |
265 |
10 |
Luna |
304 |
31 |
Baiti |
325 |
19 |
Wilson |
261 |
31 |
Balance c/d |
1,682 |
29 |
Cikmah |
37 |
|
|
2,502 |
|
|
2,502 |
|
|
|
|
|
|
Bank Statement
Date |
Items |
Debit |
Credit |
Balance |
Dec 1 |
Balance |
|
|
1,900 |
6 |
Cheque |
|
230 |
1,670 |
13 |
Luna |
304 |
|
1,974 |
20 |
Cheque |
|
265 |
1,709 |
22 |
Wilson |
261 |
|
1,970 |
30 |
Tox : Standing Order |
94 |
|
2,064 |
31 |
Rina : Trader’s Credit |
|
102 |
1,962 |
31 |
Bank charges |
72 |
|
2,034 |
Required:
- Prepare the updated cashbook
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