Response to the following problem:
Q.1 From the following particulars, prepare a haw, reconciliation statement, showing the balance as per pass book on 31st March, 1979:
The following cheques were paid into firm's current account in March, 1979, but were credited by the bank in April, 1979.
A=Rs. 2,500, B=Rs. 3,500 and C=Rs. 1,900.
The following cheques were issued by the firm in March, 1979 and are cashed in April, 1979.
P= Rs. 2,500, Q=Rs. 4,500 and R=Rs. 4,000.
A cheque of Rs. 1,000 which was received from a customer was entered in; the bank column of cash book in March, 1979. but the sa me was paid into the bank in Awn), 1979. The pass book shows a credit of Rs. 2,500 for interest and debit of Rs.1000.