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 bank reconciliation statement as at 31 December
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 bank reconciliation statement as at 31 December
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter8: Sarbanes-oxley, Internal Control, And Cash
Section: Chapter Questions
Problem 18E
Related questions
Question
- 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
bank reconciliation statement as at 31 December
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