Balance as per passbook of Mr. Kumar is 3,000. (a) Cheque paid into bank but not yet
Question:
Balance as per passbook of Mr. Kumar is 3,000.
(a) Cheque paid into bank but not yet cleared
Ram Kumar ₹ 1,000
Kishore Kumar ₹ 500
(b) Bank Charges ₹ 300
(c) Cheque issued but not presented
Hameed ₹ 2,000
Kapoor ₹ 500
(d) Interest entered in the passbook but not entered in the cash book ₹ 100 Prepare a bank reconciliation statement.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Lets break down the steps to prepare the bank reconciliation statement Start with the passbook balan...View the full answer
Answered By
Tejaswi Kopparapu
Through my training and programming, I have developed the ability to provide clear and concise explanations, offer examples and analogies, and adapt my responses to match the individual learning styles and levels of my users. I have access to a vast database of knowledge and resources that I can draw upon to provide comprehensive and accurate information.
Furthermore, I can offer interactive learning experiences such as quizzes, exercises, and simulations to help reinforce concepts and provide hands-on practice.
Overall, while I may not have hands-on experience as a traditional tutor, I am proficient in providing educational assistance and support to individuals seeking academic help.
0.00
0 Reviews
10+ Question Solved
Related Book For
Accountancy Financial Accounting Part 1 Textbook For Class 11
ISBN: 9788174505071
1st Edition
Authors: NCERT
Question Posted:
Students also viewed these Business questions
-
Calculation of a permanent wave treatment: Hairdresser Alice works on the customer for one hour and ten minutes, master Sonja 20 minutes. The hairdresser's hourly wage is EUR 10.20, the master's...
-
For a monopolist, marginal revenue is: a. Equal to price, whereas marginal revenue is less than the price for a perfectly competitive firm, b. Less than price, whereas marginal revenue is equal to...
-
Prepare a table with the following headings for a monthly bank reconciliation dated September 30. For each item 1 through 12, place an x in the appropriate column to indicate whether the item should...
-
Ira Icandoit is a staff auditor in the internal audit function of a small manufacturing company located in western Kansas. Ira recently completed a professional development course on a statistical...
-
What is the difference between the use of the term contingent liability in U.S. GAAP and IFRS?
-
The U.S. Department of Energy provides fuel economy information for a variety of motor vehicles. A sample of 10 automobiles is shown in Table 1.6 (Fuel Economy website, February 22, 2008). Data show...
-
In early 2021, an economist at a financial firm argued, If we want to recover from the pandemic, its not just a matter of getting to where we were back in February [2020] and declaring victory. Why...
-
Sky Co. employed Tom Mills in 2016. Tom earned $5,100 per month and worked the entire year. Assume the Social Security tax rate is 6 percent for the first $110,000 of earnings and the Medicare tax...
-
The formula of a compound is Y3(PO4)2. The electronic configuration of the atom of Y is 15. A. 2.8.2 B. 2.8.3 C 2.8.4 16. D. 2.8.5 The atomic numbers and mass numbers of atoms, W, X, Y and Z are...
-
The passbook of Mr. Mohit current account showed a credit Balance of 20,000 on dated December 31, 2016. Prepare a Bank Reconciliation Statement with the following information. (i) A cheque of 400...
-
From the following particulars prepare a bank reconciliation statement showing the balance as per cash book on December 31, 2016. (a) Two cheques of 2,000 and 5,000 were paid into bank in October,...
-
Write down the first three terms, the last term (if the series is finite) and the nth term of the following series. a) b) c) d) (3r2) r=1
-
Question Little Kindnesses, Inc. is a tax-exempt charity organized as a corporation. It has unrelated business taxable income of $30,000. How much tax is due on the unrelated business taxable income?
-
An entity is considering a total upgrade of their Motorola radio inventory and an official has been tasked with determining the total cost of ownership for a new cache of devices. A total of 120...
-
You have saved $26,273.00 for a three-year vacation to Germany. You will keep your money invested in an account paying 7.08% APR with monthly compounding while you live in Munich. You will make your...
-
A general understanding of intangible assets as assets that do not have a physical formpatents, trade names, software, etc. I was also aware of companies buying competitors to take competing products...
-
Bonita Company purchases $51,700 of raw materials on account, and it incurs $65,600 of factory labor costs. Journalize the two transactions on March 31, assuming the labor costs are not paid until...
-
Sketch the titration curve for the titration of a generic weak base B with a strong acid. The titration reaction is B + H+ BH+ On the curve indicate the points that correspond to the following. a....
-
Consider a game of poker being played with a standard 52-card deck (four suits, each of which has 13 different denominations of cards). At a certain point in the game, six cards have been exposed. Of...
-
For each of the following errors, considered individually, indicate whether the error would cause the trial balance totals to be unequal. If the error would cause the trial balance totals to be...
-
Why do some accountants prepare an end-of-period spreadsheet (work sheet)?
-
Why do some accountants prepare an end-of-period spreadsheet (work sheet)?
-
prepare a five-day menu suitable for children three to four years of age in a child care facility. As per the Manual for Food and Nutrition Standards in Regulated Child Care Settings (Standards and...
-
Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and Fabrication are $22.00 per direct labor-hour and 120% of direct...
-
Examine the present energy competition and coalition forming around the world. Pay attention: energy is a central component in global geopolitics which in turn affects how energy is distributed among...
Study smarter with the SolutionInn App