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Question
Prepare specimen of Crossed cheque
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Solution
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Accounting Documents
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Cheques issued for payment but not presented to bank appears in Cash Book only.
Complete the following statement:
Overcast on receipt side of Pass Book means _________ in Pass Book balance.
Complete the following table:
Sr. No. | Transactions | Debit Amount (₹) | Credit Amount (₹) |
1 |
Paid Income Tax ₹ 5,000 by cheque | ? | Bank A/c |
2 | Received from Sonali ₹ 20,000 by RTGS | Bank A/c | ? |
3 | Sanjay became insolvent and not received ₹ 500 | ? | Sanjay A/c |
4 | Purchased Horse for ₹ 10,000 |
? |
Cash A/c |
5 | Transferred from Fixed deposit A/c of proprietor to business Bank A/c ₹ 50,000 | Bank A/c | ? |
Complete the following table:
Reasons | When Normal balance as per Cash Book is given Add/Less | When Normal balance as per Pass Book is given Add/Less |
1) Interest debited in Pass Book only. | ||
2) Direct deposit made by customer in bank recorded in Pass Book | (+) | |
3) Cheque deposited into bank but not yet collected by bank | ||
4) Cheque deposited into bank is dishonoured | (+) | |
5) Cheque issued but not presented for payment. | (-) |