Following are the information provided by M/s Sam Traders for the month of May 2019. a)...
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Following are the information provided by M/s Sam Traders for the month of May 2019. a) Debit balance as per cash book Rs.4,564 and as per Bank statement Rs. 6,872. b) Three Cheques were issued to the creditors totaling Rs.90,450 but one of the cheques of Rs. 18745 dishonored due to the reason mentioned torn cheque. c) The bank issued a debit memo for the payment of a leasing cheque of Rs. 20,000. d) A cheque of Rs. 55,500 of Sammie Traders was charged to Sam Traders by Bank. e) A cheque issued for the payment of office Furniture of Rs. 14,536 was recorded in cash book as 4,635. f) A cheque of Rs. 16,000 received from customer was recorded on the payment side of cash book. g) Bank service charges debited by bank Rs. 1860. h) The Bank debited Rs. 7,705 on account of note excluding interest of Rs 65. i) The deposit in transit Rs. 21,000. i) Direct deposited by customer Rs. 10,000. k) The Bank returned a cheque marked NSF Rs. 21400. I) Profit credited by bank Rs. 2743. m) A ceque received from customer of Rs. 25,678 was entered in cash book as 53,678. n) A credit advice of Rs. 16450 issued by the bank for the dividend. o) Un cleared cheques Rs. 15,200 p) The Bank collected an amount of Rs.32,662 on account of Promissory Notes. Following are the information provided by M/s Sam Traders for the month of May 2019. a) Debit balance as per cash book Rs.4,564 and as per Bank statement Rs. 6,872. b) Three Cheques were issued to the creditors totaling Rs.90,450 but one of the cheques of Rs. 18745 dishonored due to the reason mentioned torn cheque. c) The bank issued a debit memo for the payment of a leasing cheque of Rs. 20,000. d) A cheque of Rs. 55,500 of Sammie Traders was charged to Sam Traders by Bank. e) A cheque issued for the payment of office Furniture of Rs. 14,536 was recorded in cash book as 4,635. f) A cheque of Rs. 16,000 received from customer was recorded on the payment side of cash book. g) Bank service charges debited by bank Rs. 1860. h) The Bank debited Rs. 7,705 on account of note excluding interest of Rs 65. i) The deposit in transit Rs. 21,000. i) Direct deposited by customer Rs. 10,000. k) The Bank returned a cheque marked NSF Rs. 21400. I) Profit credited by bank Rs. 2743. m) A ceque received from customer of Rs. 25,678 was entered in cash book as 53,678. n) A credit advice of Rs. 16450 issued by the bank for the dividend. o) Un cleared cheques Rs. 15,200 p) The Bank collected an amount of Rs.32,662 on account of Promissory Notes.
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