Accountancy, asked by yy1720199, 5 months ago

. On 31 March 2019 a trader’s Pass Book showed a credit balance of Rs 115000. On comparing the same with the Cash Book he finds that :

(i) Cheques worth Rs 30000 which were issued at closing of the year were cashed in January 2020.

(ii) He deposited cash and cheques worth Rs 30000 out of which cheques worth Rs 7000 were dishonoured on presentation.

(iii) The Banl had credited his account with interest to the extent of Rs 1000.

(iv) Bank had charged Rs 300 as commission.

(v) The Payment of a cheque of Rs 350 recorded twice in Pass Book .

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