The bank columns in the cash book for July 2020 and the bank statement for that month for AAA Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM July 1 Balance b/d 11,895 July 6 Ah Chin 750 8 Ah Pek 790 13 Muthu 2,165 17 Veeta 465 17 Sari 440 29 Fasihah 1,535 30 Staff Club 285 31 Siew Ting 3,120 31 Balance c/d 14,165 17,805 17,805 Bank Statement Date Items Debit Credit Balance July 1 Balance b/d 11,895 8 Cheque 790 12,685 9 Ah Chin 750 11,935 17 Cheque 465 12,400 18 Muthu 2,165 10,235 19 Sari 440 9,795 29 Cheque 1,535 11,330 30 Standing order 220 11,110 31 Mohd Azee : Trader’s Credit 450 11,560 31 Bank charges 350 11,210 Required: Prepare the updated cashbook
The bank columns in the cash book for July 2020 and the bank statement for that month for AAA Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM July 1 Balance b/d 11,895 July 6 Ah Chin 750 8 Ah Pek 790 13 Muthu 2,165 17 Veeta 465 17 Sari 440 29 Fasihah 1,535 30 Staff Club 285 31 Siew Ting 3,120 31 Balance c/d 14,165 17,805 17,805 Bank Statement Date Items Debit Credit Balance July 1 Balance b/d 11,895 8 Cheque 790 12,685 9 Ah Chin 750 11,935 17 Cheque 465 12,400 18 Muthu 2,165 10,235 19 Sari 440 9,795 29 Cheque 1,535 11,330 30 Standing order 220 11,110 31 Mohd Azee : Trader’s Credit 450 11,560 31 Bank charges 350 11,210 Required: Prepare the updated cashbook
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
- The bank columns in the
cash book for July 2020 and the bank statement for that month for AAA Trading are as follows:
Cash Book (Bank Account only)
2020 |
|
RM |
2020 |
|
RM |
July 1 |
Balance b/d |
11,895 |
July 6 |
Ah Chin |
750 |
8 |
Ah Pek |
790 |
13 |
Muthu |
2,165 |
17 |
Veeta |
465 |
17 |
Sari |
440 |
29 |
Fasihah |
1,535 |
30 |
Staff Club |
285 |
31 |
Siew Ting |
3,120 |
31 |
Balance c/d |
14,165 |
|
|
17,805 |
|
|
17,805 |
|
|
|
|
|
|
Bank Statement
Date |
Items |
Debit |
Credit |
Balance |
July 1 |
Balance b/d |
|
|
11,895 |
8 |
Cheque |
|
790 |
12,685 |
9 |
Ah Chin |
750 |
|
11,935 |
17 |
Cheque |
|
465 |
12,400 |
18 |
Muthu |
2,165 |
|
10,235 |
19 |
Sari |
440 |
|
9,795 |
29 |
Cheque |
|
1,535 |
11,330 |
30 |
Standing order |
220 |
|
11,110 |
31 |
Mohd Azee : Trader’s Credit |
|
450 |
11,560 |
31 |
Bank charges |
350 |
|
11,210 |
Required:
- Prepare the updated cashbook
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