Prepare the bank reconciliation statement as at 31 December 2020. The following are the cash book and bank statement of DRS Enterprise for the month ofDecember 2020:[Berikut adalah buku tunai dan penyata bank DRS Enterprise bagi bulan Disember 2020.]Cash Book (Bank Account only)2020RM2020RMDec 1 Balance b/d460 Dec 4 Cheque no. 40010 Ruby6 Cheque no. 40011 Zain8 Cheque no, 40012 Harris10 Cheque no. 40013 Wong15 Cheque no. 40014 Daud21 Cheque no. 40015 Lim2,0003 Cash8 Lim2,6001,7001,60068014 Mat1,81676018 Jay and Kay9001,60024 Bidin1,1202,30031 Balance c/d5449,0409,040Jan 1Balance b/d544Bank StatementDateChequeTransactionDebitCreditBalanceNo.CodeDec 1 Balance b/f460 Credit3CH2,6003,860 CreditSO1,0602,800 Credit8400102,000800 CreditCQ1,6002,400 Credit11400137601,640 Credit12400111,70060 Debit14CT2,4002,340 Credit18CT1,9004,240 Credit191,8056,045 Credit20SO2,7003,345 Credit23СВ83,337 Credit27400161,2002,137 Credit29400152,300163 Debit31ВС681,031 Debit...8/-SULITSULIT(BFT106)-8-Transaction CodesCB ChequebookBC Bank ChargeCHCashSOStanding OrderCQChequeCTCredit Transfer

Bank reconciliation statement involves reconciling balance of bank balance as per books and balance…

Answered: Prepare the bank reconciliation…

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Prepare the bank reconciliation statement as at 31 December 2020.

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 4QY: What is the journal entry to record an NSF check, from J. Smith for 250, that is returned with the...

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The following are the cash book and bank statement of DRS Enterprise for the month ofDecember 2020: Cash Book (Bank Account only) 2020 RM 2020 RM Dec 1 Balance b/d 460 3 Cash 2,600 8 Lim 1,600 14 Mat 1,816 18 Jay and Kay 900 24 Bidin 1,120 31 Balance c/d 544 9,040 Dec 4 Cheque no. 40010 Ruby 2,000 6 Cheque no. 40011 Zain 1,700 8 Cheque no. 40012 Harris 680 10 Cheque no. 40013 Wong 760 15 Cheque no. 40014 Daud 1,600 21 Cheque no. 40015 Lim 2,300 9,040 Jan 1 Balance b/d 544 Bank Statement Date Cheque Transaction Debit Credit Balance No. Code Dec 1 Balance b/f 460 Credit 3 CH 2,600 3,860 Credit 6 SO 1,060 2,800 Credit 8 40010 2,000 800 Credit 9 CQ 1,600 2,400 Credit 11 40013 760 1,640 Credit 12 40011 1,700 60 Debit 14 CT 2,400 2,340 Credit 18 CT 1,900 4,240 Credit 19 CQ 1,805 6,045 Credit 20 SO 2,700 3,345 Credit 23 CB 8 3,337 Credit 27 40016 1,200 2,137 Credit 29 40015 2,300 163 Debit 31 BC 68 1,031 Debit Transaction…
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The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows: Cash Book (Bank Account only) 2020 RM 2020 RM Dec 6 Peypei 230 Dec 1 Balance b/d 1,900 20 Ceria 265 10 Luna 304 31 Baiti 325 19 Wilson 261 31 Balance c/d 1,682 29 Cikmah 37 2,502 2,502 Bank Statement Date Items Debit Credit Balance Dec 1 Balance 1,900 6 Cheque 230 1,670 13 Luna 304 1,974 20 Cheque 265 1,709 22 Wilson 261 1,970 30 Tox : Standing Order 94 2,064 31 Rina : Trader’s Credit 102 1,962 31 Bank charges 72 2,034 Required: Prepare the updated cashbook
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