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Cash book balance RM4,000 Bank statement balance RM 4,270 On comparison on the following were found: 1. Cheque not yet presented for payment RM2,500.  2. Bank rejected cheque (Dishonoured cheque) amounting RM140.  3. Standing order for a staples order of RM700 was not noted.  4. A customer paid RM170 directly into the bank without notifying us.  5. Bank charges of RM160 were entered in the bank statement only.  6. A dividend of RM250 was paid directly into the bank and not recorded in the cash book.  7. Cheque for RM1,650 were entered into the cash book and deposited in the bank but had not  been cleared.  Prepare a bank reconciliation statement for the month

Cash book balance RM4,000 Bank statement balance RM 4,270 On comparison on the following were found: 1. Cheque not yet presented for payment RM2,500.  2. Bank rejected cheque (Dishonoured cheque) amounting RM140.  3. Standing order for a staples order of RM700 was not noted.  4. A customer paid RM170 directly into the bank without notifying us.  5. Bank charges of RM160 were entered in the bank statement only.  6. A dividend of RM250 was paid directly into the bank and not recorded in the cash book.  7. Cheque for RM1,650 were entered into the cash book and deposited in the bank but had not  been cleared.  Prepare a bank reconciliation statement for the month

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter4: Internal Control And Cash
Section: Chapter Questions
Problem 60APSA
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. Cash book balance RM4,000
Bank statement balance RM 4,270
On comparison on the following were found:
1. Cheque not yet presented for payment RM2,500. 
2. Bank rejected cheque (Dishonoured cheque) amounting RM140. 
3. Standing order for a staples order of RM700 was not noted. 
4. A customer paid RM170 directly into the bank without notifying us. 
5. Bank charges of RM160 were entered in the bank statement only. 
6. A dividend of RM250 was paid directly into the bank and not recorded in the cash book. 
7. Cheque for RM1,650 were entered into the cash book and deposited in the bank but had not 
been cleared. 
Prepare a bank reconciliation statement for the month 

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