The Cash account of Sarafina Sdn. Bhd. at September 30, 2019, is as follows: Date Particulars Debit Credit Balance 2016 Balance 7620 7620 1-Sep Issued to Supplier -Ariana 180 7440 Bhd. (Cheque No. 12345) 12-Sep Cheque Deposited from 150 7590 Customer -Raihana 16-Sep Cheque Deposited from 1180 8770 Customer -Bakhtiar 12-Sep Issued to Supplier -Sweet Bhd. 1500 7270 (Cheque No. 12346) 19-Sep Issued to Supplier -Ariana 860 6410 Bhd. (Cheque No. 12347) 26-Sep Issued to Syafikha Enterprise 220 6190 (Cheque No. 12349) | 26-Sep Salary expense 950 5240 28-Sep Issued to Supplier – Fatin 1090 4150 Enterprise (Cheque No. 12350) 28-Sep Cheque deposited from 2160 6310 Customer - Suraya Additional information: 1. On 30 September 2019, the Cash A/C of Sarafina Sdn. Bhd. showed a debit balance of RM 6,310. 2. The month bank statement written up to 30 September 2019 showed a credit balance of RM 4,950. 3. Payment to Ziflix (Cheque No. 12351) debited by the bank amounted to RM 320 belongs to another business, and upon confirmation with the bank, the bank acknowledged the error was made by them. Required: Make necessary adjustments in the Cash Account of Sarafina Sdn. Bhd. and prepare the bank reconciliation for the company as at 30 September 2019.
The Cash account of Sarafina Sdn. Bhd. at September 30, 2019, is as follows: Date Particulars Debit Credit Balance 2016 Balance 7620 7620 1-Sep Issued to Supplier -Ariana 180 7440 Bhd. (Cheque No. 12345) 12-Sep Cheque Deposited from 150 7590 Customer -Raihana 16-Sep Cheque Deposited from 1180 8770 Customer -Bakhtiar 12-Sep Issued to Supplier -Sweet Bhd. 1500 7270 (Cheque No. 12346) 19-Sep Issued to Supplier -Ariana 860 6410 Bhd. (Cheque No. 12347) 26-Sep Issued to Syafikha Enterprise 220 6190 (Cheque No. 12349) | 26-Sep Salary expense 950 5240 28-Sep Issued to Supplier – Fatin 1090 4150 Enterprise (Cheque No. 12350) 28-Sep Cheque deposited from 2160 6310 Customer - Suraya Additional information: 1. On 30 September 2019, the Cash A/C of Sarafina Sdn. Bhd. showed a debit balance of RM 6,310. 2. The month bank statement written up to 30 September 2019 showed a credit balance of RM 4,950. 3. Payment to Ziflix (Cheque No. 12351) debited by the bank amounted to RM 320 belongs to another business, and upon confirmation with the bank, the bank acknowledged the error was made by them. Required: Make necessary adjustments in the Cash Account of Sarafina Sdn. Bhd. and prepare the bank reconciliation for the company as at 30 September 2019.
Chapter1: Financial Statements And Business Decisions
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