A)BANK RECONCILIATION SIMPLE EXAMPLE:

    CASH BOOK(BANK COLUMN ONLY)  

2010 $ 2010 Cheque # $
Aug-01 BALANCE b/d 11340 Aug-04 Changi stores 406257 230
7 Chiang 450 6 lan 406258 790
9 M.Hasan 930 16 Tan 406259 6000
17 S.Layong 170 36 Anid 406260 4200
31 Cash Sales 1280 29 Wages 406261 1360

On 1 sept 2010,the firms bank sent the following bank statement:

BANK STATEMENT
Date Particulars
Payment Receipts Balance
2010   (Dr$) (Cr$) (Cr$)
Aug-01 Balance b/d     11340
6 406257 230 11110
8 Cheque(s) 450 11560
9 Cheque(s) 930 12490
10 406258 790 11700
18 Cheque(s) 170 11870
21 Dividend-Gopeng rubber 120 11990
29 406251 1360 10630
30 406259 6000 4630
31 Bank charges 50   4580

QUESTION:
a)Open up cash book as at 1 September 2010
b) Prepare a Bank Reconciliation Statement as at 31 August 2010 to reconcile the difference between the amended balance of the Cash Book & the balance of the bank
statement

Answers:
a) BANK/CASH BOOK
Aug-01 Balance b/d 1590 Aug-31 Charges 50
31 Dividend 120 31 Balance c/d 1660
1710   1710
Sep-01 Balance b/d 1660  

b)
BANK RECONCILIATION STATEMENT AS AT 31 SEPT 2010($)
Debit balance as per cash book   1660
Add:Unpresented cheques  
Add:Anid 4200
   
Less:Uncredited cheque  
Less:Cash Sales -1280
 TOTAL 4580
       

B)ANOTHER EXAMPLE
BANK RECONCILIATION
Amal cash book for May 2010 was as follows:
CASH BOOK
May-01 Balance 1200 May-05 Klerk 540
15 Cash 450 19 Lee 180
26 Curry 120 25 Gupta 100
31 Cash 150 31 Balance c/d 1100
1920   1920
Jun-01 Balance b/d 1100  

The following bank statement was received by Amal in early June:-

BANK STATEMENT
Date Particulars Payments($) Receipts($) Balance($)
May-01 Balance b/d 1040
Bank error corrected
1 -Contra 30 April 160 1200
15 Cash 450 1650
16 Klerk 540 1110
22 Lee 180 930
26 Curry 120 1050
30 Unpaid cheque-Curry 120 930
30 Dividend 180 1110
31 bank service charge 170   940

QUESTIONS:
Prepare Cash Book,Bank reconciliation statement as at 31/05/10

ANSWERS:
Cash Book
May-01 Balance b/d 1100 May-31 Unpaid cheque-Curry 120
31 Dividend 180 31 Bank service charge 170
 31 Balance c/d 990
1280   1280
Jun-01 Balance b/d 990  

BANK RECONCILIATION STATEMENT AS AT 31 MAY 2010

    $ $
Debit/Credit balance as per cash book   990
Add: Unpresented cheque-Gupta   100
Less:Uncredited cheque-Cash   -150
Credit/Debit balance as per bank statement   940