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0.5: From the following particulars prepare Banks Reconciliation Statement as on 30' September 2005. (a) Bank overdraft as per bank statement Rs. 4.700] (b) Cheques issued prior to 30" September to Rs 1 800 out of which cheques of Rs. 1.050 have so tar be

0.5: From the following particulars prepare Banks Reconciliation Statement as on 30' September 2005. (a) Bank overdraft as per bank statement Rs. 4.700] (b) Cheques issued prior to 30" September to Rs 1 800 out of which cheques of Rs. 1.050 have so tar been prepelted to the Bank September Rs. 235 debited in the bank (e) Bank charges debited in the bank statement Rs 65 — page 1

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Paper text

0.5: From the following particulars prepare Banks Reconciliation Statement as on 30' September 2005.

(a) Bank overdraft as per bank statement Rs. 4.700]

(b) Cheques issued prior to 30" September to Rs 1 800 out of which cheques of Rs. 1.050 have so tar

been prepelted to the Bank

September Rs. 235 debited in the bank

(e) Bank charges debited in the bank statement Rs 65

(g) A cheque for Rs. 220 received from the customer and entered in the bank column of the cash book.

(h) A Customer has directly paid Rs. 300 to our banker in settlement his account

Q-6. Prepare Trading, Profit & Loss account and balance sheet of Ali Corporation for the year 2003.

Debit Balances

Fixtures & fitting

Purchases

Wages

Office equipment

Bad debts

Rates & insurance

Discount allowed

Sales returns

Carriage Inwards

Interest on overdraft

Wages & salaries

Postage and Stationery

Stock

Drawings

Advertising

Custom duty

Cash ip hand

Carriage out

Debtors:

Machinery

Furniture

Total

Rs

2100

25000

8000

1200

700

1200

500

2000

550

2500

5000

3550

25500

4500

375

1500

32000

6000

360002

100,000

55,000

293175

Credit Balances

Sales

Capital

Purchases returns

Commission

Interest received

Rs

39000

245000

3000

6000

175

font

Total

ustadai.com

293175

Adjustments:

i.

ii.

ili.

iv.

Stock at 31 December 2001 was valued at cost Rs 45,000

Unearned Commission Rs1 500,

Insurance expense prepaid Rs. 500.

Provide Depreciation 10% on Furniture.

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