M/s Bhatia & Company has been allowed an overdraft facility up to Rs. 50,000 by Punjab National

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M/s Bhatia & Company has been allowed an overdraft facility up to Rs. 50,000 by Punjab National Bank. The following are the transactions for the month of June, 2007:

2007 Rs.

June, 1 Cash in hand 10,000

“ 1 Bank overdraft 30,000

“ 4 Issued a cheque to Shri Ghanshyam 5,000

“ 6 Received a cheque from Shri Devidayal and deposited into bank 8,000

“ 8 Drew from bank for office use 3,000

“ 10 Paid wages in cash 1,800

“ 14 Withdrew cash for private use 600

“ 18 Shri Devidayal’s cheque was returned dishonoured

“ 22 Bank charges interest for overdraft 1,280

“ 30 Raised the maximum amount of overdraft from the bank for office use You are required to prepare a cash book with bank column (Narrations are not

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