5. On comparing the Cash Book with Pass Book of Naman it is found that on March 31, 2023, bank balance of ₹40,960 showed by the Cash Book differs from the bank balance with regard to the following: (a) Bank charges ₹100 on March, 31 2023, are not entered in the Cash Book. (b) On … Read more
4. On 30th June 2020, the bank balance as per Sanjay Yadav’s Cash Book was ₹1,500. On comparing with the Pass Book the following information was received: 1. Cheques amounting to ₹7,290 were issued on 28th June, of which one cheque of ₹1,300 was presented in the bank for payment on 4th July. 2. Cheques … Read more
3. On 30th June, 2020, the bank column of Mohan Kapoor’s Cash Book showed a debit balance of ₹12,000. On checking the Cash Book with bank statement, you find that:- 1. Cheques paid into Bank ₹8,000, but out of these only cheques of ₹6,500 were cleared and credited by the Bankers up to 30th June. … Read more
2. The balance of cash at bank as shown by the Cash Book of Pan & Co. on 31st December, 2022, was ₹7,500. On checking the entries in the Cash Book with the Pass Book, it was ascertained that cheques of ₹500 and ₹700 respectively paid in on 30th December, were not credited until the … Read more
1. Rim Zim Ltd. maintains a current account with the State Bank of India. On 31st March, 2023, the bank column of its cash book showed a debit balance of ₹1,54,300. However, the bank statement showed a different balance as on that date. The following were the reasons for the difference: Rs (i) Cheques … Read more