SUGGESTED ANSWER LECTURE 6 EXERCISES

BANK RECONCILIATION STATEMENT

Q1.
Julia Berhad
Bank reconciliation statement
For the month ended 30 June 2019

RM RM
Cash balance per bank statement 1235
Add : Deposit in transit
Armi 620
Cash 180 800
2035
Less : Outstanding check: Birdy (750)
Adjusted cash balance per bank 1285

RM RM
Cash balance per books 1200
Add : Dividend received 160
1360
Less : Bank charges (75)
Adjusted cash balance per books 1285

1
Q2.
Suria Berhad
Bank reconciliation statement
For the month ended 31 October 2019

RM RM
Cash balance per bank statement ( balancing figure) 4606
Add : Deposit in transit 1350

Less : Outstanding check (741)

Adjusted cash balance per bank 5215

RM RM
Cash balance per books 5400
Add : Dividend received 360
Interest on FD 100 460

Less : Bank charges 60

NCF 585 (645)
Adjusted cash balance per books 5215