Roy continued his business in October 2021 and his bank account was given as follows: Details...
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Roy continued his business in October 2021 and his bank account was given as follows: Details Balance b/d Sales Ahmad 24 Rathi 28 Rental 29 Daya Ltd Date Oct 1 12 22 Date Oct-01 Balance 6 Cheque RM 1,040 1,520 580 760 1,800 460 Cheque Book 6,160 Bank Date Details Oct 3 Purchases 7 Equipment 15 Zainal Ltd 10 Cheque 16 Deposit 19 Cheque 21 Cheque 25 Deposit 26 27 Interest on fixed deposit 28 Cheque 30 Dividend (TSL limited) 30 Lim Bhd 31 Deposit 18 Hamad 27 Melody Bank Statement as at 31 October 2021 Particular 30 Salary 31 Balance c/d 0431 0432 Cheque Debit Credit Number 0433 0429 0434 270 650 230 180 Cheque Number 431 432 433 10 720 434 435 436 *Cheque 0432 was issued for RM650 *Cheque received from Rathi is dishonored You are required to: a) Update and correct the cash book on 31st October 2021 b) Prepare a bank reconciliation statement at 31st October 2021 1,520 580 320 1,660 2,400 460 RM 270 560 230 720 370 690 3,320 6,160 Balance (RM) 1,220 (CR) 950 300 1,820 1,590 1,410 1,990 1,980 2,300 1,580 3,240 5,640 6,100 (5 marks) (5 marks) Roy continued his business in October 2021 and his bank account was given as follows: Details Balance b/d Sales Ahmad 24 Rathi 28 Rental 29 Daya Ltd Date Oct 1 12 22 Date Oct-01 Balance 6 Cheque RM 1,040 1,520 580 760 1,800 460 Cheque Book 6,160 Bank Date Details Oct 3 Purchases 7 Equipment 15 Zainal Ltd 10 Cheque 16 Deposit 19 Cheque 21 Cheque 25 Deposit 26 27 Interest on fixed deposit 28 Cheque 30 Dividend (TSL limited) 30 Lim Bhd 31 Deposit 18 Hamad 27 Melody Bank Statement as at 31 October 2021 Particular 30 Salary 31 Balance c/d 0431 0432 Cheque Debit Credit Number 0433 0429 0434 270 650 230 180 Cheque Number 431 432 433 10 720 434 435 436 *Cheque 0432 was issued for RM650 *Cheque received from Rathi is dishonored You are required to: a) Update and correct the cash book on 31st October 2021 b) Prepare a bank reconciliation statement at 31st October 2021 1,520 580 320 1,660 2,400 460 RM 270 560 230 720 370 690 3,320 6,160 Balance (RM) 1,220 (CR) 950 300 1,820 1,590 1,410 1,990 1,980 2,300 1,580 3,240 5,640 6,100 (5 marks) (5 marks)
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Bank Date Details RM Date Details C No RM Oct 31 Balance bd 3320 Oct 31 Error 650 560 90 Oct ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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