Business Accounting - Question and Answer

Running head: BUSINESS ACCOUNTING
BUSINESS ACCOUNTING
Name of the Student
Name of the University
Author’s Note:

BUSINESS ACCOUNTING1
Answer to Qs.1
Answer to
Qs.2
Selena Enterprise
Bank Reconciliation Statement
As on 31st December, 2019
Particulars
Amount(R
M )
Amount
(RM)
Bank Overdraft as per Bank Statement (debit)

BUSINESS ACCOUNTING2
17,000.00
Add:
Check issued not
encashed 2,200.00
Interest charged by bank recorded twice in the cash
book 500.00
Cheque deposited as per the bank statement not in
cash book 3,400.00
Uncredited cheque due to Outstation 3,900.00 10,000.00
Less:
Interest unrecorded paid by the bank as per standing
instruction 1,200.00
Dividends on shares collected by
banker 2,300.00
Credit sale of bank column in cash book cast short 1,000.00 (3,300.00)
Balance as per cash cash book
(credit) 23,700.00
Answer to Qs.3
ABC Sdn bhd
Trial balance
as at 31st December, 2019
Debit Credit
Particulars Amount in RM Amount in RM
Land 500,000
Building 200,000