Tutorial 10 Bank Reconciliation Statement
1
LTJ 2020
Tutorial 10: Bank Reconciliation Statements
Section A
Question 1
In early May 2018, Superb Trading received a statement from the bank for the
month of April 2018, as shown below:
Statement of Account with Maybank Bhd for the month of April 2018
April
Description
Debit
Credit
Balance
RM
RM
RM
1
BCE
5,773,40
2
Cheque No:32515
851.60
4,921.80
5
Cheque No:32514
1,003.40
3,918.40
8
Cheque No:32516
250.80
3,667.60
12
DD (Max Insurance)
262.60
3,405.00
Abbreviations
BCE = Balance SO = Standing Order
TRF = Transfer CR = Credit/Deposit
DD = Direct Debit INT = Interest
The Cash Book (Bank column) for the month of April 2018 was as follows:
Apr
RM
Apr
Chq. No.
RM
1
Balance b/d
2,669.10
3
Maxx Bhd
32516
250.80
1
Stylo Co.
534.00
4
Jeff Trading
32517
317.20
1
Emerge Ltd
628.50
8
Besto Ltd
32518
1,218.60
2
Hot Tea Bhd
187.60
9
Lucky Trading
32519
13,742.90
15
Chin Hup Fatt
17,934.80
11
Loan interest
100.80
20
Mann Motors
24,043.70
(March 2018)
24
Luther Trading
4,181.20
13
Ace Trading
32520
103.50
13
CR Deposits
17,934.80
21,339.80
13
Cheque No:32518
20,121.20
15
Cheque No:32519
13,742.90
6,378.30
18
Cheque No:32517
317.20
6,061.10
22
DD (Indah Water)
320.00
5,741.10
22
CR Deposits
24,043.70
29,784.80
23
Cheque No:32520
103.50
29,681.30
26
1,235.70
28,445.60
27
CR Deposits
7,876.90
36,322.50
28
TRF
9,406.00
26,916.50
29
INT (Loan account)
111.90
26,804.60
30
Bank charges
73.70
26,730.90
30
Cheque No:32521
6,421.30
20,309.60
30
BCE
20,309.60
25
Chan & Chan
3,695.70
20
Zess Deco
32521
6,421.30
24
Next Trading
320.00
26
Harrier Trading
32522
904.40
27
Salaries
TRF
9,406.00
28
Stationery
32523
43.00
30
Balance c/d
21,046.10
53,874.60
53,874.60