1. The following are extract from the cash book and bank statement of Fifi Enterprise.Cash Book (Bank Account only)2020Dec2020RMRMDec 1 Balance b/d7 Farah3,4198Basri46210115 Farid2122 Ghaz4428 Tengku20931 Weiwei31931 Siti24631 Balance cld3,4374,1294,129Bank StatementDateItemsDebitCreditBalanceDec 1 Balance b/d7 Cheque3,4193,5203,05810111 Basri46220 Farid213,03722 Cheque443,0813,17431 Credit Transfer: Tina9331 Bank Charges473,127Required:a) Prepare the updated cashbook.b) Prepare the bank reconciliation statement as at 31 December 2020.

A bank reconciliation statement is a document that compares the cash balance on a company’s balance…

1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book (Bank Account only) 2020 RM 2020 RM Dec 1 Balance b/d 7 Farah 22 Ghaz Dec 3,419 8 Basri 15 Farid 462 101 21 44 28 Tengku 209 31 Weiwei 319 31 Siti 246 3,437 4,129 31 Balance cld 4,129 Bank Statement Items Dec 1 Balance b/d 7 Cheque Balance 3,419 Date Debit Credit 101 3,520 11 Basri 462 3,058 20 Farid 21 3,037 22 Cheque 31 Credit Transfer : Tina 44 3,081 93 3,174 31 Bank Charges 47 3,127 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.

1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book (Bank Account only) 2020 RM 2020 RM Dec 1 Balance b/d 7 Farah 22 Ghaz Dec 3,419 8 Basri 15 Farid 462 101 21 44 28 Tengku 209 31 Weiwei 319 31 Siti 246 3,437 4,129 31 Balance cld 4,129 Bank Statement Items Dec 1 Balance b/d 7 Cheque Balance 3,419 Date Debit Credit 101 3,520 11 Basri 462 3,058 20 Farid 21 3,037 22 Cheque 31 Credit Transfer : Tina 44 3,081 93 3,174 31 Bank Charges 47 3,127 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter5: Cash Control Systems

Section: Chapter Questions

Problem 2AP

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The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book (Bank Account only) 2020 RM 2020 RM Dec 1 Balance b/d 3,419 7 Farah 101 22 Ghaz 44 31 Weiwei 319 31 Siti 246 4,129 Dec 8 Basri 462 15 Farid 21 28 Tengku 209 31 Balance c/d 3,437 4,129 Bank Statement Date Items Debit Credit Balance Date Items Debit Credit BalanceDec 1 Balance b/d 3,4197 Cheque 101 3,52011 Basri 462 3,05820 Farid 21 3,03722 Cheque 44 3,08131 Credit Transfer:Tina 93 3,17431 Bank Charges 47 3,127 Required: a) Prepare the updated cashbook. b) Prepare the bank…
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The following are extract from the cash book and bank statement of Fifi Enterprise Cash Book (Bank Account only) 2020 RM 2020 RM Dec 1 Balance b/d 3,419 Dec 8 Basri 462 7 Farah 101 15 Farid 21 22 Ghaz 44 28 Tengku 209 31 Weiwei 319 31 Siti 246 31 Balance c/d 3,437 4,129 4,129 Bank Statement Date Items Debit Credit Balance Dec 1 Balance b/d 3,419 7 Cheque 101 3,520 11 Basri 462 3,058 20 Farid 21 3,037 22 Cheque 44 3,081 31 Credit Transfer : Tina 93 3,174 31 Bank Charges 47 3,127 Required: Prepare the updated cashbook Prepare the bank reconciliation statement as at 31 December 2020
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