For the recounciliation statement find the balance as per bank statement,add lodegements, less unpresented cheques and balance as per updated cash book The folowing show the cash book and bank statement respectively for Material Plus Co. Lid forAugust 31, 2011.DateDetailsFoliAmount DateDetailsFolioAmount2011Aug 1Aug 3Balancebf8 100June IV. Nelson500Peter Lucas5 300Aug 4Materials& More300Aug 6Aug 16Aug 20Aug 31Trevor MillerSalesGeorge LeeLenna Smith2 0003 5004 7003 050Aug 11 Fagan RayAug 14Aug 19Aug 22Aug 25Aug 27Aug 31540Jay's GarmentsSandra Henry2 900750Perfect Wear Ltd290880Y WillisAndrew Collins1 90018 59026 650Balanceeid26 65018 590Sept 1BalanceCash Book for Material PlusCreditDetailsBalanceDateAug 1Aug 4Aug 4Aug 13Aug 14Aug 20Aug 24Balance8 10013 40013 10012 56014 56019 260DebitPeter Lucas5 300Material & More300Fagan RayTrevor MillerLodgmentsStanding Order -insurancePerfect Wear LtdBank chargesJune 20 | Trader's CroditBank Statement for Material Plus5402 0004 7001 790470 7וAug 26Aug 3080ן 7ו16 81517 760290365945You are required to prepare(a) The revised cash book for Material Plus Co. Ltd(b) A statement to reconcile the revised cashbook with the bank statementUpdated Cash BookDateDetailsFolio AmountDateDetailsFolio Amount

The bank statement is prepared to equate the cash balance as per cash book and pass book.

The folowing show the cash book and hank statement respectively for Material Plus Co. Lid for August 31, 2011. Date Details Foli Amount Date Details Folio Amount V. Nelson 500 2011 Aug 1 Aug 3 Balance bf 8 100 June I Peter Lucas 5 300 Aug 4 Materials& More 300 Aug 6 Aug 16 Aug 20 Aug 31 Trevor Miller Sales George Lee Lenna Smith Aug 11 Aug 14 Aug 19 Aug 22 Aug 25 Aug 27 Aug 31 Fagan Ray Jay's Garments Sandra Henry Perfect Wear Lad Y Willis Andrew Collis Balance 2 000 3 500 4 700 3 050 540 2 900 750 290 880 1 900 18 590 cid 26650 bd 18 590 26 650 Sept I Balance Cash Book for Material Plus

The folowing show the cash book and hank statement respectively for Material Plus Co. Lid for August 31, 2011. Date Details Foli Amount Date Details Folio Amount V. Nelson 500 2011 Aug 1 Aug 3 Balance bf 8 100 June I Peter Lucas 5 300 Aug 4 Materials& More 300 Aug 6 Aug 16 Aug 20 Aug 31 Trevor Miller Sales George Lee Lenna Smith Aug 11 Aug 14 Aug 19 Aug 22 Aug 25 Aug 27 Aug 31 Fagan Ray Jay's Garments Sandra Henry Perfect Wear Lad Y Willis Andrew Collis Balance 2 000 3 500 4 700 3 050 540 2 900 750 290 880 1 900 18 590 cid 26650 bd 18 590 26 650 Sept I Balance Cash Book for Material Plus

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 1.6C

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gleusercontent.com/viewer/secure/pdf/ki7h0e5ernovil8j8jhia898nvne1h7r/0bntlihe Tutorial 10 Submission date: 18 January 2021 before 12.00pm 1. The following are extract from the cash book and bank statement of Fifi Enterprise. Cash Book (Bank Account only) 2020 RM 2020 Dec RM Dec 1 Balance b/d 3,419 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 Debit Date Items Credit Balance Dec 1 Balance b/d 3,419 3,520 3,058 3,037 3,081 3,174 7 Cheque 101 11 Basri 462 20 Farid 21 22 Cheque 31 Credit Transfer: Tina 31 Bank Charges 44 93 47 3,127 Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.
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