Question

The cash book of rama showed overdraft balance of₹ 3900 on 31 march 2018 .on comparing with pass book , following discrepancies were found : 1) cheques for 4500 were paid into bank for collection but cheque of 500 was created on 2 April and cheque of 700 was returned dishonored on 3 April

Answer 1

            Particulars                              +              -

Balance as per cash book                           3900

1. Chqs paid but not collected                        500

   Chq dishonored                                           700