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Bank Reconciliation Statement

Accountancy

answered on 14-Sep-22 17:12

The book answer is Rs 13525. But my answer is Rs 15025. Can anybody please correct me ?

latest answer

Hello, 250 is the amount debited(reducing negative balance) in cashbook but corresponding effect was not given in passbook. As a result passbook shows high negative amount than cashbook so in order to bring it down to cashbook balance we add 250.

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

5

811

Liquidation illu 4

Accountancy

answered on 14-Sep-22 13:08

How does loss of 59000 came

latest answer

Okk ð???

Gauri Shete

Gauri Shete

CA Final

5K+

4

406

Bank Reconciliation Statement

Accountancy

answered on 14-Sep-22 12:25

In question no. 23 bit (f) and (h) It will be ADD or LESS from Pass book point of recording

latest answer

Just reverse the sign that i mentioned earlier

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

4

538

Bank Reconciliation Statement

Accountancy

answered on 14-Sep-22 10:43

Can anybody answer whether 13. bit (c) bit (v) My banker have given me wrong credit of Rs 150. This will be ADD or LESS from Cash book.

latest answer

Ok

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

2

615

Bank Reconciliation Statement

Accountancy

answered on 14-Sep-22 12:16

Can anybody just check ques no. 13. The answer should be Rs 11642 but my answer is coming out to be 11342. Please help.

latest answer

Thanks bro may be book has a misprint of answer. 11342 is the right answer then

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

2

445

Bank Reconciliation Statement

Accountancy

answered on 14-Sep-22 10:17

4th point " A cheque for Rs 40 paid to R. Gupta.... in the cash column " Should we make change of Rs 80 or Rs 40 to the Cash Book ?

latest answer

Thank you Didi

Ardhendu Sekhar Acharya

Ardhendu Sekhar Acharya

CMA Inter

250

3

451

Co a/cs

Accountancy

answered on 14-Sep-22 08:02

according to Section 53 of the Companies Act 2013 the company cannot issue the shares at discount except in case of an issue of sweat equity shares. Doubt is Can anyone explain me what is the meaning of sweat equity shares with any understanding examples.

latest answer

Ook clear

Balachandar S

Balachandar S

CA Inter

59K+

4

455

Managerial remuneration ( which method to choose)

Accountancy

answered on 15-Sep-22 10:55

How do we get to know which method of calculating managerial remuneration is to be applied ( whether % on Net profit one, or the slabs of effective capital one)?? How do we decide if net profit of company is adequate or not? Is there any benchmark ?

latest answer

Ok thank you sir

Garima Bhargava

Garima Bhargava

CA Inter

185

4

660

Pre and post incorporation

Accountancy

answered on 13-Sep-22 21:38

If nothing is mentioned in the question, should advertisement expenses be apportioned on sales or time ratio?

latest answer

You should follow as per question but if the Q is silent always go with an sales ratio that be the crt. :) :)

Abishek Narain

Abishek Narain

CA Inter

10

3

389

Final Accounts

Accountancy

answered on 29-Sep-22 15:41

In TB returns are given on Dr and well as Cr side so which should be assumed as purchase returns and which should be assumed as sales returns??

latest answer

Debit side Return on trial balance indicate sales return Credit side Return on trial balance indicate purchase return

Prathmesh kharul

Prathmesh kharul

CA Foundation

3K+

4

587