The following are the cash book and bank statement of DRS Enterprise for the month of December 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 Codes CH Cash SO Standing Order CB Chequebook CQ Cheque CT Credit Transfer BC Bank Charge Required: a) Prepare the updated cashbook. b) Prepare the bank reconciliation statement as at 31 December 2020.
The following are the
December 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 Codes
CH Cash SO Standing Order CB Chequebook
CQ Cheque CT Credit Transfer BC Bank Charge
Required:
a) Prepare the updated cashbook.
b) Prepare the
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