The accompanying is a rundown of the Cash Book of Shri Mohan Das, for the month of June 2011.
All receipts are saved money and installments are made with check.
On examination it is found that:
– Bank charges of Rs. 1,360 entered on the bank articulation had not been entered in the money book.
– Checks attracted adding up to Rs. 2,670 had not been introduced to the bank for installment.
– Checks got totaling Rs. 17,620 had been entered in the money book and paid into the bank, yet had not been credited by the bank until July, 2011.
– A checks for Rs. 1,220 had been entered as a receipt in the money book rather than as an installment.
– A check for Rs. 1,250 had been charged by the bank in blunder.
– A check got for Rs. 800 had been disrespected. No alterations had been made in the money book.
– All profits receivable are attributed specifically to the financial balance. Amid June, sum totaling Rs. 2,620 were credited by the bank and no sections were made in the money book.
– A check drawn for Rs. 600 for a loan boss had been mistakenly entered in the money book as Rs. 6,000.
– The parity presented ought to have been Rs. 7,110
– The bank explanation as on 30th June, 2011, demonstrated an overdraft Rs. 17,820.
You are obliged to:
– Show the conformities needed in the money book; and
– Prepare a bank compromise explanation as on 30th June, 2011.