Cash Book of Rajive showed an overdraft of Rs. 30,000 on 30th September, 2018 with his bank. On investigation it is found that :
(i) Receipts side of Cash Book was undercast by Rs. 20,000
(ii) A cheque of Rs. 12,000 received from his customer and deposited into his bank was dishonor was passed in the Cash Book.
(iii) Bank had debited Rs. 1,2800 as intrest on overdraft up to 30th September, 2018 but no entyry was passed in the Cash Book
(iv) Cheque issued amounting to Rs. 14,000 had not been presented for payment to the Bank up to 30th September, 2018
(v) Cheques amounting to Rs. 10,000 entered on the Receipted for payment to the BAnk up to 30th September, 2018
(vi) A cheques for Rs. 6,000 drawn by another customer of the BAnk of similar name had been debite to the account of Rajive in error.
You are required to:
(1) Show the necessar adjustments to be made in the Cash Book by preparing Amended Cash Book, and balancing the same of 30th September , 2018
(2) To prepare BAmk Reconciliation Statement as on 30th September, 2018