Program Smart Accounting C6

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NHR SU2ULIYANA mitt Maul RARD PROGRAM SMART ACCOUNTING SEMESTER | AAOIS AMBILAN 2021 (CHAPTER 6: ACCOUNTING FOR CASH |. Which of following items on a bank reconciliation would require an adjusting entry on ‘A) An error by the bank. B) Outstanding Cheques. ‘A bank service charge. ) A deposit in transit. 2. Acompany wrote «equ for RMIBS and itceared by Ge ban for RMI6S. However, the company recorded the cheque ints Cash acount as RNTS6, How isthe difference of RM90 handled on the bank reconciliation? see ‘ A M90 fo the eash book balance. maleate Pesce enc tncins—“* "Added RM90 to the bank balance. 1D) Deducted RM90 from the bank balance. 7 tna 3. The bank collected a payment of Notes Receivable forthe company ampany"s bank account for RM2,000 Choose the correct action that should Be ake while preparing the bank reconci Add RM2,000 wo cash book balance. Deduct RM2,000 from cash book balance. ) Add RM2,000 to bank balance. D) Deduet RM2,000 from bank balance. on pebficieat tint (bath) 4. AS@SPNheaue should appear in which section ofthe bank recone ‘A) Addition to the eash book balance.X< juction from the cash book balance. “C) Addition to the bank balance. >< D) Deduction from the bank balance. « jon? pith (tna $14) 5. A company recorded a receipt on its books as RM6S. However, the receipts were toa RMS6, What adjustment is needed to the Cash balance per books? educt RM9 from cash book balance. fad Ase Increase RM) from cash book balance, =H C) Deduct RM1S6 from cash book balance 2 1D) Increase RMIS6 from cash book balance.) 2021 PROGRAM SMART ACCOUNTING SEMESTER 1 AAOIS AMBILAN fon a bank 6. Which of the following would be ided t0 the balance per bank bat standing cheques. — deduct (baat yr baal) Deposit in tran (Notes collected by the bank.

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