The bank statement and bank columns in the cash book of Ring for the month of...

 

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The bank statement and bank columns in the cash book of Ring for the month of October 2023 were as follows: October 1 2 8 9 Bank Statement for October 2023 Dobil RM Balance b/d Cheque no. 6000 Cheque no. 11011 Cheque no, 6001 17 Cheque no. 3190 17 Cheque no. 6002 18 Cheque no. 6003 29 Cheque no. 4050 Standing order 30 30 Credit transfer 30 Cheque no. 1010 Cheque no. 6570 31 Bank charges 30 Ti 2,500 1,500 4,330 880 440 700 €rcdit RM 1,580 930 3,070 200 240 460 Balance RM 26,290 23,790 25,370 23,870 24,800 20,470 19,590 22,660 22,220 22,420 22,660 23,120 22,420 October 1 Balance b/d 8 17 En Husin Faizi Enterprise 29 Ani Trading 30 Ruthun 31 Wira Club Cash Book (Bank column) RM Cheque no. 11011 3190 4050 6005 1010 23,790 1,580 930 3,070 4,000 6,240 39,610 October 6 Azri 13 Razak 17 Badri 30 Izam 31 Balance c/d Cheque no. 6001 600? 6003 6004 RM 1,500 4,330 880 570 32,330 39,610 Additional information: i) Rina wrongly recorded cheque no.1010 as RM6,240, while the bank showed the correct amount of RM240. ii) The bank wrongly credited cheque no.6570 to Reena in Rina's account. iii) Cheque no.6005 issued to Raihan was wrongly debited instead of credited by Rina in the cash book. Required: (a) Adjust the cash book. (b) Prepare bank reconciliation statements as at 30 September 2023 and 31 October 2023. The bank statement and bank columns in the cash book of Ring for the month of October 2023 were as follows: October 1 2 8 9 Bank Statement for October 2023 Dobil RM Balance b/d Cheque no. 6000 Cheque no. 11011 Cheque no, 6001 17 Cheque no. 3190 17 Cheque no. 6002 18 Cheque no. 6003 29 Cheque no. 4050 Standing order 30 30 Credit transfer 30 Cheque no. 1010 Cheque no. 6570 31 Bank charges 30 Ti 2,500 1,500 4,330 880 440 700 €rcdit RM 1,580 930 3,070 200 240 460 Balance RM 26,290 23,790 25,370 23,870 24,800 20,470 19,590 22,660 22,220 22,420 22,660 23,120 22,420 October 1 Balance b/d 8 17 En Husin Faizi Enterprise 29 Ani Trading 30 Ruthun 31 Wira Club Cash Book (Bank column) RM Cheque no. 11011 3190 4050 6005 1010 23,790 1,580 930 3,070 4,000 6,240 39,610 October 6 Azri 13 Razak 17 Badri 30 Izam 31 Balance c/d Cheque no. 6001 600? 6003 6004 RM 1,500 4,330 880 570 32,330 39,610 Additional information: i) Rina wrongly recorded cheque no.1010 as RM6,240, while the bank showed the correct amount of RM240. ii) The bank wrongly credited cheque no.6570 to Reena in Rina's account. iii) Cheque no.6005 issued to Raihan was wrongly debited instead of credited by Rina in the cash book. Required: (a) Adjust the cash book. (b) Prepare bank reconciliation statements as at 30 September 2023 and 31 October 2023.

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Based on the provided bank statement and cash book for Rina for the month of October 2023 lets perform the required adjustments and prepare the bank r... View the full answer