Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
10.0k views
in Accounts by (64.4k points)

On checking the Bank Pass Book it was found that it showed an overdraft of Rs. 5,220 as on 31st March, 2015, while as per Ledger it was different. The following differences were noted: 

i. Cheques deposited but not yet credited by the bank Rs.6,000. 

ii. Cheques dishonoured and debited by the bank but not given effect to it in the Ledger Rs.800. 

iii. Bank charges debited by the bank but Debit Memo not received from the bank Rs.50. 

iv. Interest on overdraft excess credited in the Ledger Rs.200. 

v. Wrongly credited by the bank to account, deposit of some other party Rs.900. 

vi. Cheques issued but not presented for payment Rs.400.

1 Answer

0 votes
by (106k points)
selected by
 
Best answer

Bank Reconciliation Statement as on March 31,2015

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...