Jagdeep Singh' s Cash Book on 31st March, 2019 showed an overdraft balance of Rs. 12,100 in his Account No. 1 in the bank
On investigation it is found that:
(i) Cheque drawn amounting to Rs. 4,200 had not been presened to the bank for payment
(ii) Cheque for Rs. 3,600 eneted in the Cash Book and paid into the bank had not been credited by the bank.
(iii) Receipts side of the Cah Book had been un dercast by Rs. 1,000
(iv) Bank charges of Rs. 50 entered in the Bank Statement had not been en entered in the Cash Book.
(v) A cheque for Rs. 5,200 drawn in the Account No. 1 had been charged by the bank erroneously to Account No. 2
(vi) Dividend of Rs. 300 paid directly to the bank had not been entered in the Cash Book
(vii) A cheque for Rs. 700 received from a debtor paid into the bank, dishonoured and shown as such by the bank out no entry of dishonour had been made in the Cash Book
(viii) A cheque for Rs. 420 drawn by another customer of the bank bearing the same name had been charged to Jagdeep Singh's BAnk Account by error,
You are rquired to:
(a) show the necessary adjustments to be made in the Cash Book, andd
(b) Prepare a Bank Reconciliation Statement for Account No.1 as no 31st March , 2019