pls rewrite the 10th qstns's answer on pg no.11.43 in the grewal textbook (2016) in DEBIT-CREDIT METHOD ...
pls pls pls pls pls pls pl s
Hi Sarah,
The solution to Q.10 in debit credit format is provided below.
There is no difference in plus and minus method and debit and credit method. The plus column basically indicates the debit and the minus column indicates the credit.
The solution to Q.10 in debit credit format is provided below.
| Bank Reconciliation Statement as on March 31, 2015 |
|||
| S. No. | Particulars | Debit (Rs) |
Credit (Rs) |
| Balance as per the Cash Book | 23,650 | ||
| (i) | Cash deposited into bank but not entered in the Pass book | 2,860 | |
| (ii) | Bank Charges not entered the Cash Book | 70 | |
| (iii) | Bank Charges for discounting bill not recorded in the Cash Book | 270 | |
| (iv) | Cheques issued but not presented for payment | 16,720 | |
| (v) | Amount directly deposited by the debtor | 1,000 | |
| (vi) | Cheque received from Ram Babu was dishonoured and not recorded in Cash Book |
550
|
|
| Balance as per the Pass Book | 37,620 | ||
| 41,370 | 41,370 | ||
There is no difference in plus and minus method and debit and credit method. The plus column basically indicates the debit and the minus column indicates the credit.