The following extract from the cash book of Jon for the month of January shows the company's bank transactions: RM RM 01 Jan Balance b/f 600 18 Jan Ali 145 13 Jan Uno 224 28 Jan PBA 72 109 186 30 Jan TNB 31 Jan Balance c/t 31 Jan Latif 684 1.010 1.010 The company's bank statement for the same period is as follows: Debit (RM) Credit (RM) Balance (RM) 01 Jan Balance 635 03 Jan Halim 35 600 13 Jan Uno 23 Jan Ali 31 Jan Standing order 224 824 679 649 145 30 Required: a. Prepare a corrected cash book using the information given above. b. Draw up a bank reconciliation statement.
The following extract from the cash book of Jon for the month of January shows the company's bank transactions: RM RM 01 Jan Balance b/f 600 18 Jan Ali 145 13 Jan Uno 224 28 Jan PBA 72 109 186 30 Jan TNB 31 Jan Balance c/t 31 Jan Latif 684 1.010 1.010 The company's bank statement for the same period is as follows: Debit (RM) Credit (RM) Balance (RM) 01 Jan Balance 635 03 Jan Halim 35 600 13 Jan Uno 23 Jan Ali 31 Jan Standing order 224 824 679 649 145 30 Required: a. Prepare a corrected cash book using the information given above. b. Draw up a bank reconciliation statement.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 2E
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![Question 2
The following extract from the cash book of Jon for the month of January shows the
company's bank transactions:
RM
RM
01 Jan Balance b/f
18 Jan Ali
600
145
13 Jan Uno
224
28 Jan PBA
72
31 Jan Latif
186
30 Jan TNB
109
31 Jan Balance c/f
684
1.010
1.010
The company's bank statement for the same period is as follows:
Debit (RM) Credit (RM) Balance (RM)
01 Jan Balance
635
03 Jan Halim
35
600
13 Jan Uno
224
824
23 Jan Ali
145
679
31 Jan Standing order
30
649
Required:
a. Prepare a corrected cash book using the information given above.
b. Draw up a bank reconciliation statement.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe93ecdb5-52ba-4daa-8bd6-1f1962c8e8f6%2Ff1f6e31c-7640-49a0-8345-de59f405df4f%2Ffcviqc_processed.png&w=3840&q=75)
Transcribed Image Text:Question 2
The following extract from the cash book of Jon for the month of January shows the
company's bank transactions:
RM
RM
01 Jan Balance b/f
18 Jan Ali
600
145
13 Jan Uno
224
28 Jan PBA
72
31 Jan Latif
186
30 Jan TNB
109
31 Jan Balance c/f
684
1.010
1.010
The company's bank statement for the same period is as follows:
Debit (RM) Credit (RM) Balance (RM)
01 Jan Balance
635
03 Jan Halim
35
600
13 Jan Uno
224
824
23 Jan Ali
145
679
31 Jan Standing order
30
649
Required:
a. Prepare a corrected cash book using the information given above.
b. Draw up a bank reconciliation statement.
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