On 30th june, 2009, the bank column of the cash book showed a balance of RS 12000 but the pass book showed a different balance due to the following reasons:
(1) cheques paid into the bank RS 8000 but out of these only cheques of RS 6500 credited by bankers.
(2) The receipt column of the cash book undercast by RS 200.
(3) On 29th June, a customer deposited RS 3000 directly in the bank account but it was entered in the pass book only.
(4) cheques of RS 9200 were issued of which RS 2200 were presented for payment on 15th july.
(5) Pass book shows a credit of RS 330 as intrest and a debit of RS 60 as bank charges. prepare a bank reconciliation statement as on 30th june, 2009.
Answers
Explanation:
Ramesh and Suresh were partners in a firm sharing profits
Ramesh and Suresh were partners in a firm sharing profitswere partners in a firm sharing profits in the ratio of their capitals contributed on commencement
Ramesh and Suresh were partners in a firm sharing profitswere partners in a firm sharing profits in the ratio of their capitals contributed on commencementhich were "80,000 and 60,000 respectively. The firm started business on April 1, 2019. According to
Ramesh and Suresh were partners in a firm sharing profitswere partners in a firm sharing profits in the ratio of their capitals contributed on commencementhich were "80,000 and 60,000 respectively. The firm started business on April 1, 2019. According tomiership agreement, interest on capital and drawings are 12% and 10% p.a., respectively. Ramesh and Suresh
Ramesh and Suresh were partners in a firm sharing profitswere partners in a firm sharing profits in the ratio of their capitals contributed on commencementhich were "80,000 and 60,000 respectively. The firm started business on April 1, 2019. According tomiership agreement, interest on capital and drawings are 12% and 10% p.a., respectively. Ramesh and Sureshare to get a monthly salary of 2,000 and 3,000, respectively.
Ramesh and Suresh were partners in a firm sharing profitswere partners in a firm sharing profits in the ratio of their capitals contributed on commencementhich were "80,000 and 60,000 respectively. The firm started business on April 1, 2019. According tomiership agreement, interest on capital and drawings are 12% and 10% p.a., respectively. Ramesh and Sureshare to get a monthly salary of 2,000 and 3,000, respectively.The profits for year ended March 31, 2020 before making above appropriations was 1,00,300. The drawings of
Ramesh and Suresh were partners in a firm sharing profitswere partners in a firm sharing profits in the ratio of their capitals contributed on commencementhich were "80,000 and 60,000 respectively. The firm started business on April 1, 2019. According tomiership agreement, interest on capital and drawings are 12% and 10% p.a., respectively. Ramesh and Sureshare to get a monthly salary of 2,000 and 3,000, respectively.The profits for year ended March 31, 2020 before making above appropriations was 1,00,300. The drawings ofRamesh and Suresh were "40,000 and 50,000, respectively. Interest on drawings amounted to "2,000 for Ramesh
Ramesh and Suresh were partners in a firm sharing profitswere partners in a firm sharing profits in the ratio of their capitals contributed on commencementhich were "80,000 and 60,000 respectively. The firm started business on April 1, 2019. According tomiership agreement, interest on capital and drawings are 12% and 10% p.a., respectively. Ramesh and Sureshare to get a monthly salary of 2,000 and 3,000, respectively.The profits for year ended March 31, 2020 before making above appropriations was 1,00,300. The drawings ofRamesh and Suresh were "40,000 and 50,000, respectively. Interest on drawings amounted to "2,000 for Rameshand 2,500 for Suresh. Prepare Profit and Loss Appropriation Account and partners' capital accounts, assuming that
Ramesh and Suresh were partners in a firm sharing profitswere partners in a firm sharing profits in the ratio of their capitals contributed on commencementhich were "80,000 and 60,000 respectively. The firm started business on April 1, 2019. According tomiership agreement, interest on capital and drawings are 12% and 10% p.a., respectively. Ramesh and Sureshare to get a monthly salary of 2,000 and 3,000, respectively.The profits for year ended March 31, 2020 before making above appropriations was 1,00,300. The drawings ofRamesh and Suresh were "40,000 and 50,000, respectively. Interest on drawings amounted to "2,000 for Rameshand 2,500 for Suresh. Prepare Profit and Loss Appropriation Account and partners' capital accounts, assuming thattheir capitals are fuctuating.
