Tutorial 8 FAA.docx - UNIVERSITI TUNKU ABDUL RAHMAN FACULTY...

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UNIVERSITI TUNKU ABDUL RAHMAN FACULTY OF ACCOUNTANCY AND MANAGEMENT ACADEMIC YEAR 2017/2018 BACHELOR OF ACCOUNTING (HONS) UKAF 1023 FINANCIAL ACCOUNTING 1 TUTORIAL 8: BANK RECONCILIATION Tutor’s suggestion answers 1. Cash Book Balance b/d 2,740 Bank charges 32 Beh 201 Gina 93 Balance c/d 2816 2,941 2,941 bank reconciliation statement as on 31 March 2008 Balance as per cash book 2816 Add: Unpresented cheque 131 2947 Less: Lodgements not yet credited 410 Balance as per bank statement 2537 2.
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3. (iii) To ascertain whether or not the bank balance shown in the cash book is correct by comparing it with that shown on the bank statement supplied by the bank. It also therefore facilitates the location of errors and omissions in the cash book
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4.
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5. (a) Cash Book RM RM Balance b/f 1,470 Payments (15,520+47) 15,567
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  • Fall '19
  • Credit card, Cheque, Banking terms and equipment, UNIVERSITI TUNKU ABDUL RAHMAN

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