Question

Melur Sdn. Bhd. is owned by Melur. She is a sole proprietorship that sells groceries to

her local community in Kampung Baru. Melur always closes her accounts on 30

September every year.

At 30 September 2019, the debit balance in the cash book of Melur Sdn. Bhd. was

RM805.15. A bank statement on 30 September 2019 showed Melur Sdn. Bhd. to be in

credit by RM1,112.30. After several investigations were made, the following items were

established:

1. The cash book had been under cast by RM90.00 on the debit side.

2. Cheque paid in not yet credited by the bank amounted to RM208.20.

3. Cheque drawn not yet presented to the bank amounted to RM425.35.

Prepare a Bank Reconciliation Statement as at 30 September 2019.

Answer 1

The answer to your question is provided below