(a) Stone Enterprise maintains a current account with MMAM Bank Bhd. The transactions for the...

70.2K

Verified Solution

Question

Accounting

image
image
(a) Stone Enterprise maintains a current account with MMAM Bank Bhd. The transactions for the month of January 2022 as recorded in its cash book and bank statement are as follows: Bank Statement Stone Enterprise Cash Book Required Prepare the bank reconciliation as at 31 January 2022. (10 marks) (b) Transactions for Borhan Enterprise for the month of December 2022 as follow; 2022 Dec 1 Started business with cash RM40,000 and furniture RM10,000. 7 Withdrew goods for personal use RM2,000. 17 Purchase goods on credit from Ramesh RM20,000 and from Kamal RM5,000. 24 Cash Sales RM7,800. Required: Journalize the above transactions

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students