Bank Reconciliation Statement Q7

Cash Account of Puan Rosma, who is the owner of Perniagaan Blackpurple shows a debit balance of RM13,800 on 30 October 2018. Bank statements on the same date show different balances. The differences are as follows:

i. Two cheques issued to accounts payable amounting to RM4,200 have not been presented for payment.
ii. A deposit of RM4,920 has not been credited by the bank.
iii. Interest on fixed deposits of RM1,760 is credited directly to the current account.
iv. Returned cheque by the bank amounting to RM2,200.
v. The Bank has credited Mrs Rosma's account with a dividend of RM760.
vi. The Bank has charged RM50 for the cheque book.

Prepare a Bank Reconciliation Statement on 31 October 2018.

(20 marks, 2019 Q7)

A.

Ref:

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