Question 3 The following extract from the cash book of Jon for the month of January shows thecompany’s bank transactions: RM RM 01 Jan Balance b/f RM600 18 Jan Ali

Question 3 The following extract from the cash book of Jon for the month of January shows thecompany’s bank transactions: RM                                           RM 01 Jan Balance b/f RM600                             18 Jan Ali  RM145 13 Jan Uno      RM224                                    28 Jan PBA RM 72 31 Jan Latif      RM186                                    30 Jan TNB RM109 31 Jan Balance c/f RM684 1,010 1,010 The company’s bank statement for the same period is as follows: Debit (RM)     Credit (RM)           Balance (RM) 01 Jan Balance                                                                               RM635 03 Jan Halim                        RM35                                                 RM600 13 Jan Uno                                                   RM224                       RM824 23 Jan Ali                              RM145                                               RM679 31 Jan Standing order           RM30                                                RM649 Required: a. Prepare a corrected cash book using the information given above. b. Draw up a bank reconciliation statement.

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadline.


Click Here to Make an Order Click Here to Hire a Writer