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InterviewSolution
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The following particulars relate to the business of Varun on 31st March 2016 Amt (Rs.)(i)Cheques issued but not presented for payment 34,500(ii)Cheques paid into the bank but not yet collected 7,500(iii)Interest credited by the bank but not entered in the cash book 1,650(iv)Bank charges debited in the pass book but not entered in the cash book 105(v)Credit balance as shown by the pass book 1,06,590(vi)Debit balance as shown by the cash book 78,045 Prepare (a) Statement reconciling the bank balance as per cash book with that shown by the bank as on 31st March, 2016. (b) Statement reconciling the bank balance as per pass book with dept shown by the cash book as on 31st March, 2016. |
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Answer» The following particulars relate to the business of Varun on 31st March 2016 Amt (Rs.)(i)Cheques issued but not presented for payment 34,500(ii)Cheques paid into the bank but not yet collected 7,500(iii)Interest credited by the bank but not entered in the cash book 1,650(iv)Bank charges debited in the pass book but not entered in the cash book 105(v)Credit balance as shown by the pass book 1,06,590(vi)Debit balance as shown by the cash book 78,045 Prepare (a) Statement reconciling the bank balance as per cash book with that shown by the bank as on 31st March, 2016. (b) Statement reconciling the bank balance as per pass book with dept shown by the cash book as on 31st March, 2016. |
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