Plz provide the answer for q 13 and q 14 Q 13 Prepare Bank Reconciliation Statement of Sohan - Accountancy - Bank Reconciliation Statement

Question

Plz provide the answer for q 13 and q 14

Q 13 Prepare Bank Reconciliation Statement of Sohan on
30th June, 2008 with e o particulars:

a) Pass book showed an overdraft of Rs 15,000 on
30â€‹ thJune,2008

b) A cheque of Rs 200 was deposited in bank but not recorded in
cash book

c) Cheques of Rs 17,000 were issued but cheques worth Rs 10,000
only were presented for payment upto 30th June

d) Cheques of Rs- 2,000 were received, recorded in cash book but
not sent to bank

e) Cheques of Rs10,000 were sent to bank for collection Out of
these,cheques of Rs 2,000 and of Rs 1,000 were credited
respectively on 8th July and 10th July

f) Rs 40 for bank charges were recorded two times in cash book

Q 14 Rectify the following errors :

a) Supreeti was paid cash Rs 2,800 but Jyoti was debited by Rs
2,000

b) Tables and chairs purchased for Rs 5,000 debited to purchases
account

c) Machinery was written off by Rs 1,000 has not been posted to
depreciation a/c

d) Wages amounting to Rs 7,000 for machinery erection was debited
to purchases a/c

e) Goods purchased forRs 1,000 for proprietors' use was debited to
purchases a/c

f) Goods purchased for Rs 5,000 were posted as Rs 500 to purchases
account

Neha Chopra · Accepted Answer

Dear Student,

Ans 13) BRS:

BRS on 30th Jun
2008

Particulars
Plus Amount (in
Rs)
Minus Amount (in
Rs)

Balance as per Pass Book
(Dr)

-15,000

Less: Cheque deposited
but not recorded in Cash Book

-200

Less: Cheques issued but
not presented

-7,000

Add: Cheques
received
2,000

Add: Cheques credited
after 30th Jun (2,000+1,000)
3,000

Less: Bank Charges
recorded twice

-40

5,000
-22,240

Balance as per
Cash Book (Cr)/(Overdraft)

-17,240

Ans 14) Rectification
Entries :

Date
Particulars
LF
Amount (in
Rs)
Amount (in
Rs)

Supreeti
A/c
Dr
2,800

To Suspense
A/c

800

To Jyoti
A/c

2,000

(Entry
rectified)

Tables & Chairs
A/c
Dr
5,000

To Purchases
A/c

5,000

(Amount wrongly debited
to purchases A/c now rectified)

Depreciation
A/c
Dr
1,000

To Suspense
A/c

1,000

(Machinery written off
was not posted to deprecitaion A/c)

Machinery
A/c
Dr
7,000

To Purchases
A/c

7,000

(Wages on Machinery
erection charged to purchases A/c; now
rectified)

Drawings
A/c
Dr
1,000

To Purchases
A/c

1,000

(Goods for personal use
charged to Purchases A/c; now rectified)

Purchases
A/c
Dr
4,500

To Suspense
A/c

4,500

(Amount posted in
purchases A/c as Rs 500 instead of Rs 5,000; now
rectified)

Regards,

BRS on 30th Jun 2008
Particulars	Plus Amount (in Rs)	Minus Amount (in Rs)
Balance as per Pass Book (Dr)		-15,000
Less: Cheque deposited but not recorded in Cash Book		-200
Less: Cheques issued but not presented		-7,000
Add: Cheques received	2,000
Add: Cheques credited after 30th Jun (2,000+1,000)	3,000
Less: Bank Charges recorded twice		-40
	5,000	-22,240
Balance as per Cash Book (Cr)/(Overdraft)		-17,240

Date	Particulars	LF	Amount (in Rs)	Amount (in Rs)
	Supreeti A/c	Dr	2,800
	To Suspense A/c			800
	To Jyoti A/c			2,000
	(Entry rectified)

	Tables & Chairs A/c	Dr	5,000
	To Purchases A/c			5,000
	(Amount wrongly debited to purchases A/c now rectified)

	Depreciation A/c	Dr	1,000
	To Suspense A/c			1,000
	(Machinery written off was not posted to deprecitaion A/c)

	Machinery A/c	Dr	7,000
	To Purchases A/c			7,000
	(Wages on Machinery erection charged to purchases A/c; now rectified)

	Drawings A/c	Dr	1,000
	To Purchases A/c			1,000
	(Goods for personal use charged to Purchases A/c; now rectified)

	Purchases A/c	Dr	4,500
	To Suspense A/c			4,500
	(Amount posted in purchases A/c as Rs 500 instead of Rs 5,000; now rectified)