On checking the bank pass book it was found that it showed

Assignment Help Accounting Basics

Reference no: EM13589400

On checking the Bank Pass Book it was found that it showed an overdraft of $5,220 as on 31st December ,2008, while as per Ledger it was different to bank debit. The following differences were noted:-

(i)Cheques deposited but not yet credited by bank $ 6,000

(ii) Cheques dishonoured and debited by bank but not given effect to it in Ledger $800

(iii)Bank charges debited by bank but Debit Memo not received from bank $50

(iv)Interest on overdraft excess credited in the Ledger $200

(v)Wrongly credited by bank to account , deposit of some other party $900

(vi)Cheques issued but not presented for payment $400

Reference no: EM13589400

Questions Cloud

Boyne inc had beginning inventory of 13700 at cost and : boyne inc. had beginning inventory of 13700 at cost and 28700 at retail. net purchases were 147850 at cost and 175000

Superior corporation acquired taylor corporation pursuant : superior corporation acquired taylor corporation pursuant to a statutory merger under state law. as a result of the

During a lightning flash 18 c of charge moves through a : question during a lightning flash 18 c. of charge moves through a potential difference of 8.4e07 v. how much electrical

Grider industries inc issued 10000000 of 8 debentures on : grider industries inc. issued 10000000 of 8 debentures on may 1 2014 and received cash totaling 8872628. the bonds pay

On checking the bank pass book it was found that it showed : on checking the bank pass book it was found that it showed an overdraft of 5220 as on 31st december 2008 while as per

Should walters company sell their products in the : walters company is considering producing 120000 pounds of paperclips and 140000 pounds of staples each month from their

Parker products manufactures a variety of household : parker products manufactures a variety of household products. the company is considering introducing a new detergent.

Describing the tribes history after contact including major : choose one 1 native american tribe residing within the continental united states lower 48 states at the time of first

A particle p with mass 9kg has position vector rr25m and : a particle p with mass 9kg has position vector rr2.5m and velocity vv45.0 ms. it is acted on by force f f10.0 n. all

User Account

All Pages