Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
2. From the following particulars, ascertain the bank balance as per pass book of Mr. P. Rangarao as at 28th Feb., 2018. i. Credit balance
2. From the following particulars, ascertain the bank balance as per pass book of Mr. P. Rangarao as at 28th Feb., 2018. i. Credit balance as per Cash Book on 28th Feb, 2018 was 15,000. ii. Interest charged by the bank up to 28th February 2018 * 50/- is recorded in the Pass Book only iii. iv. V. Two Cheques of 900 and 1,500 were issued but out of them only one cheque of 900 was presented for payment upto 28th February, 2018. Bank charges made by the bank 12 were recorded only in the pass Book. Dividends on shares 650/- were collected by the bankers directly for which Mr. Rangarao did not have any information
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started