QUESTION 3 NonnScents Enterprise is a company operated in Changlon, Kedah. As of 31 October 2021, NonnScents Enterprise’s cash account have a balance of RM33,822. The bank statement from Bank Tarak...

QUESTION 3

NonnScents Enterprise is a company operated in Changlon, Kedah. As of 31 October 2021, NonnScents Enterprise’s cash account have a balance of RM33,822. The bank statement from Bank Tarak Tipu on that date showed the balance was RM34,022.50. A comparison of the details on the bank statements with the details in the cash account revealed the following facts:

1. The statement included a bank charges of RM200 for printing additional company checks.


2. A cash deposit of RM4,180.75 was wrongly recorded in the book as RM4,230.75.


3. Outstanding checks and deposits in transit as at 31 October were RM1,381.25 and RM4,680.75 respectively.


4. A company check no. 2212 for RM3,425 was incorrectly recorded in the book as RM3,290.


5. Bank collected a RM10,000 note receivable plus RM400 interest on behalf of the company. The bank charged a collection fee of RM15.


6. The bank mistakenly debited the company account of RM3,000 for a checks issued by NoCent Enterprise.


7. Returned with the statement is a check amounted RM3,500 marked as NSF,

REQUIRED:

Prepare the bank reconciliation for NonnScents Enterprise.