Question

General Ledger CASH BOOK 2019 35,000 April 6 Payment customer P 25,000 2019 Rs Rs April 1 Balance b/d 4 Cheque customer X 9 Cheque -customer Y 29 Cheque - customer Z 10,000 12 Payment customer Q 14,000 20 Payment customer R 12,000 29,000 80,000 15,000 20,000 80,000 30 Balance c/d Bank Statement ABC Company Balance Withdrawals Deposits 2019 April Rs Rs 1 Balance b/d 6 Cheque deposit customer X 8 Cheque payment customer P 11 Cheque desposit customer Y 15 Cheque payment customer P 30 Bank Charges 35,000 10,000 45,000 25,000 20,000 15,000 35,000 14,000 21,000 150 20,850 Notes: Cheque of customer Z has bounced and bank has returned the cheque to the Company Required: Perform ticking for Bank Statement and Cash Book for unreconciled items Prepare Bank Reconciliation i.e. adjusted cash balance and adjusted bank balance which should ma Pass Journal entries in Journal Ledger where required

solve the following question with full expiration on each step

Answer 1

General Ledger CASH BOOK 2019 35,000 April 10,000 15,000 2019 Rs Rs 6 Payment customer P 25,000 12 Payment customer Q 14,000 20 Payment customer R 12,000 29,000 80,000 April 1 Balance b/d 4 Cheque -customer X 9 Cheque-customer Y 29 Cheque-customer Z 20,000 80,000 30 Balance c/d Bank Statement ABC Company Withdrawals Deposits Balance 2019 Rs Rs 1 Balance b/d 35,000 April ho.000 6 Cheque deposit customer X 8 Cheque payment customer P 11 Cheque desposit customer Y 15 Cheque payment customer P 30 Bank Charges 45,000 25,000 20,000 35,000 15,000 14,000 21,000 150 20,850

Bank Reconciliation Statement of ABC Company for April, 2019 Particulars Add Less Balance as per Cash book 29000 Payment to customer R 12000 Bank Charges 150 Chewue of customer Z bounced 20000 41000 20150 Balance as per Bank Statement 20850 Journal Entries required to be passed in books of Accounts Particulars Date Dr. Cr. 30-04-2019 Bank Charges A/c Dr. 150 To Bank A/c 150 (Being Bank charges paid) 30-04-2019 Z's A/c Dr. 20000 To Bank A/c 20000 (Being Z's cheque bounced and returned)