Principle of Accounting Assignment: Cash Book Reconciliation and Bank Statement Adjustments for Anggerik – May 20X3

SELF-TEST 1

1. Define the meaning of cash.
2. The following is a summary of Anggerik’s cash book for the month of May 20X3:
   

   Cash Book (Bank Column)
   RM	RM
   Receipts Balance c/d 34,746 + 15,060 = 49,806	Balance b/d Payments 45,963+3,843= 49,806
   Balance b/d 34,746

   After further investigation, the following are the differences that have been identified:

   1. A cheque for RM1,131 was issued by the company to a supplier, Doori but was not yet presented to the bank for payment.
   2. A cheque for RM881 was deposited in the bank by the company. However, the bank is yet to credit the cheque.
   3. A cheque for RM38 paid to a supplier, Pocock has been recorded as a receipt in the cash book.
   4. The bank returned a cheque for RM93 with the comment “refer to drawer”.
   5. The bank has debited the Anggerik’s account with RM188. The cheque was actually issued by Anggerik.
   6. A cheque received from a customer, Ranting amounting to RM75 was debited in the cash book as RM57.
   7. The bank charges for 30 May 20X3 are RM38.
   8. The company has issued a cheque of RM185 to a supplier, Akar. Cash discount (bank’s column) is still recorded as RM200.

   Based on the information given, you are required to update Anggerik’s cash book and prepare a bank reconciliation statement.