Ans 1
balance as bank: (10,000)
less: unclear cheques: (3,000)
balance as cash book: (13,000)
Ans 2
Bank : 12000
less: unclear cheques: (4000)
cash : 8000
Ans 3
cash : 20000
Add: unpresented cheques :500
less : error 100
bank : 20400
DUE DATE: 26th January 2016View more random threads:
- fin622 assignment solution fall 2010 date
- Mgt501 Assignment No. 2 fall 2010 and date 4/1/2011
- STA301 Assignment No.3 Fall January 2011-2012
- ENG301 Assignment no 02 Solution & Discussion May Spring...
- ENG201 Business and Technical English Writing Assignment 1...
- MGT503 Principles of Management Assignment no 1 Discussion...
- Eng301 Business Communication assignment no 1 full solution...
- plz any one of consumer behavior course post me assignment...
- en101 English Comprehension Assignment No. 2 idea solution...
- Pak301 Assignment no 2 spring June 2011
MARKS: 03+03+04=10
TOPIC TO BE TESTED:
Bank reconciliation statement
LEARNING OBJECTIVES:
To understand and apply the causes of disagreement between cash book and bank statement in reconciliation process
QUESTIONS
Q-1
The debit balance of bank statement as on 31st December 2014 was Rs. 10,000. Cheques of Rs. 3,000 sent to customers had been entered in depositor’s cash book but did not appear in bank statements on 31st December 2014.
Required: Calculate the balance as per cash book on 31st December 2014.
Q-2
The favorable balance of bank statement as on 31st December 2014 was Rs. 12,000. Cheques of Rs. 4,000 paid into the bank had been entered in depositor’s cash book but did not appear in bank statements on 31st December 2014.
Required: Calculate the balance as per cash book on 31st December 2014.
Exam Results Assignments Balances 24 Hour Schedule Submission
Q-3
Balance as per cash book of a merchant as on 31st December 2014 was Rs. 20,000. Following causes of disagreement was discovered on receipt of bank statement.
A cheque of Rs. 500 issued but not yet presented for payment
A cheque of Rs. 545 sent to a customer has been recorded in cash book as Rs. 445.
Required: Calculate the balance as per bank statement on 31st December 2014.
IMPORTANT:
Grace period of extra 24 hours after the due date is usually available to overcome uploading difficulties. This extra time should only be used to meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.
IMPORTANT INSTRUCTIONS
Take help from internet for collecting the information.
Carefully watch relevant lectures and consult the relevant material from handouts along with recommended books.
Attempt the assignment by yourself and it will be entertained positively.
OTHER IMPORTANT INSTRUCTIONS:
DEADLINE:
Make sure to upload the solution file before the due date on VULMS.
Any submission made via email after the due date will not be accepted.
FORMATTING GUIDELINES:
Use the font style “Times New Roman” or “Arial” and font size “12”.
It is advised to compose your document in MS-Word format.
You may also compose your assignment in Open Office format.
• Use black and blue font colors only.
RULES FOR MARKING
Please note that your assignment will not be graded or graded as Zero (0), if:
It is submitted after the due date.
The file you uploaded does not open or is corrupt.
It is in any format other than MS-Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
It is cheated or copied from other students, internet, books, journals etc.
Sponsored Links
Ans 1
balance as bank: (10,000)
less: unclear cheques: (3,000)
balance as cash book: (13,000)
Ans 2
Bank : 12000
less: unclear cheques: (4000)
cash : 8000
Ans 3
cash : 20000
Add: unpresented cheques :500
less : error 100
bank : 20400
There are currently 1 users browsing this thread. (0 members and 1 guests)