Q. 4 Prepare a Bank Reconciliation Statement as on 31st December 2019 from the following particulars: Bank balance as per the Cash Book on 31* December 2019; Rs. 23,510 Cheques for Rs. 3,000 deposited for collection but not credited by the bank prior to 31s" December 2019. Cheques amounting to Rs. 4,000 were issues on 28th December, were not cashed up to 31 December 2019. A wrong debit of Rs. 400 appeared in Pass Book. Interest on investment collected by bank Rs. 300, not yet recorded in cash book. Bank charges Rs. 10 appeared in the Pass Book but not in the Cash Book. i. ii. iii. iv. V. vi.
Q. 4 Prepare a Bank Reconciliation Statement as on 31st December 2019 from the following particulars: Bank balance as per the Cash Book on 31* December 2019; Rs. 23,510 Cheques for Rs. 3,000 deposited for collection but not credited by the bank prior to 31s" December 2019. Cheques amounting to Rs. 4,000 were issues on 28th December, were not cashed up to 31 December 2019. A wrong debit of Rs. 400 appeared in Pass Book. Interest on investment collected by bank Rs. 300, not yet recorded in cash book. Bank charges Rs. 10 appeared in the Pass Book but not in the Cash Book. i. ii. iii. iv. V. vi.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Q. 4 Prepare a Bank Reconciliation Statement as on 31st December 2019 from the
following particulars:
i.
Bank balance as per the Cash Book on 31st December 2019; Rs. 23,510
ii.
Cheques for Rs. 3,000 deposited for collection but not credited by the bank prior
to 31st December 2019.
Cheques amounting to Rs. 4,000 were issues on 28th December, were not cashed
up to 31st December 2019.
A wrong debit of Rs. 400 appeared in Pass Book.
Interest on investment collected by bank Rs. 300, not yet recorded in cash book.
Bank charges Rs. 10 appeared in the Pass Book but not in the Cash Book.
iii.
iv.
v.
vi.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education