Question

On 31.1.2012, Prashant's Cash Book reflected a credit balance of 1,580. On comparison with the Pass Book, the following discrepancies emerged :

(a) A few cheques from customers totalling 6,800, debited in the Cash Book, were cleared by the bank only in February.

(b) Cheques posted to creditors and duly accounted by Prashant for 4,700 were not presented to his bankers in January.

(c) A cheque for 950 deposited and cleared was accounted for 1,000 in the bank column of the Cash Book, overlooking the discount allowed. (d) Bank charges 115 and dividend earned 2,600 were recorded only in the Pass Book.

(e) On 29.1.2012, the bank Pass Book reflected a credit for 10,000, the proceeds of a bill collected by the bank for Prashant — no record in the Cash Book.

(f) A direct deposit of 11,000 by a customer was credited in the Cash Book for 1,100. Prepare the Bank Reconciliation Statement from the details given above.

- (ISC- Adapted)​

Answer 1

Answer:

in 800 rupee is in create your