Source Documents|Cash Memo|Invoice Or Bill|Receipt|Pay-In-Slip|Cheque|Debit Note|Credit Note|OMR

Pass the rectifying entries for the following transactions: (i) An amount of Rs. 2,000 received from Mohan on 1st April, 2019 had been entered in the Cash Book as having been received on 31st March, 2019. (ii) The balance in the account of Rahim Rs. 1,000 had been written off as bad but no other account has been debited. (iii) An addition in the Return Inward Book had been cast Rs. 100 short. (iv) A cheque for Rs. 200 drawn for the Petty Cash Account has been posted in the account of Asif. (v) A discounted Bill of Exchange for Rs. 20,000 returned by the firm's bank had been credited to the Bank Account and debited to Bills Receivable Account. A cheque was received later from the customer for Rs. 20,000 and duly paid. [Hint: (v) Dr. Customer's A/c and Cr. Bills Receivable A/c by Rs. 20,000.]

Following are the entries recorded in the bank column of the Cash Book of Vikas for the month ended ended 31st March,2019 Vikas received his Bank Statement and identified following mismatches: (i) Cheques deposited but not credited by the bank Rs. 10,000 (ii) Interest on securities collected by the bank but not recorded in the Cash Book Rs. 1,080, (iii) Credit transfer not recorded in the Cash Book Rs. 200 (iv) Dividend collected by the bank directly but not recorded in the Cash Book Rs. 1,0000. (v) Cheques issued but not presented for payment Rs. 37,400 (vi) Interest debited by the bank but not recorded in the Cash Book Rs. 1,000 (vii) Bank cyharges not in the Cash Book Rs 340 Prepare the Bank Reconciliation Statement .

Following are the entries recorded in the bank column of the Cash Book of Vikas for the month ended ended 31st March,2019 Vikas received his Bank Statement and identified following mismatches: (i) Cheques deposited but not credited by the bank Rs. 10,000 (ii) Interest on securities collected by the bank but not recorded in the Cash Book Rs. 1,080, (iii) Credit transfer not recorded in the Cash Book Rs. 200 (iv) Dividend collected by the bank directly but not recorded in the Cash Book Rs. 1,0000. (v) Cheques issued but not presented for payment Rs. 37,400 (vi) Interest debited by the bank but not recorded in the Cash Book Rs. 1,000 (vii) Bank cyharges not in the Cash Book Rs 340 Prepare the Bank Reconciliation Statement .

Rim Zim Ltd. Maintains a current with the State Bank of India. On 31st March, 2017, the bank column of its cash book showed a debit balance of ₹1,54,300. Howerver, the bank statement showed a different balance as on that dete. The follwing were the reasons for the difference , (i) Cheques deposited, but not yet credited by the bank. ₹ (ii) Cheques issued, but not yet presented for payment 75,450 (iii) Bank charged not yet recorded int eh cash book 80,760 (iv) Cheques received by the bank directly from trade debtors 1,35,200 (v) Insurance premimum paid by the bank as per standing instructions, but not yet recorded in the cash book. 15,400 (vi) Dividend collected by the bank but not yet recorded in the cash book Find out the balance as per the bank statement as on 31st March, 2017

On checking the Bank Pass Book it was found that it showed an overdraft Rs. 5,220 as on 31st March, 2019 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 Cheques dishonoured and debited by the bank but not given effect ot it in the Ledger Rs. 800 (iii) Bank charges debited by the Debit Memo not received fro the bank Rs. 50 (iv) Interest on overdraft excess credited in the Ldger Rs. 200 (v) Wrongly credited by the bank to account , deposite of some other party Rs. 900 (vi) Cheques issued but not presented for payment Rs. 400

On 31st December, 2014 the Cash Book of Gopal showed debit balance of 12,000. On comparing the Cash Book with the Pass Book, the following decrepancies were noted :- (a) Cheques were issued for ₹15,000, but of them cheques for ₹7,700 have not yet been presented. (b) chequs for ₹8,000 were deposited in bank but of these cheques for ₹2,000 were not recorded not in the Cash Book. (c ) Cheques deposited in bank but not credited ₹3,800. (d) A cheque for ₹350 was paid into bank but bank credited the amount with ₹350 by mistake. (e) Bank received interest on debentures on behalf of Fopal amounting to ₹300. (f) It was also found thet the total of one page on the payment side of the Cash Book was ₹4,520 but it w written on the next page as ₹5,420 but it was written on the next page as ₹5,420. Prepare a Bank Eonciliation Statement.

The passbook of Mr. Randhir showed an overdraft of 40,950 on March 31,2017 (i) Out of cheques amounting to 8,000 drawn by Mr. Randhir on March 27 a cheque for 3,000 was encashed on April 2017. (ii) Credited by bank with 3,800 for interest collected by them, but the amount is not entered in the cash book. (iii) 10,900 paid in by Mr. Randhir in cash and by cheques on March, 31 cheques amounting to 3,800 were collected on April, 07. (iv) A Cheque of 780 credited in the passbook on March 28 being dishonoured is debited again in the passbook on April 01, 2017. There was no entry in the cash book about the dishonour of the cheque until April 15.