bank reconciliation and depreciation

1. From the following transactions prepare Bank Reconciliation Statement as on 31.8.2014 a. Bank balance as per Cash Book Rs 15,000. b. Cheques of Rs 1,000, Rs 2,000 and Rs 3,000 issued on 8th ,10th and 13th of August. Of these cheques issued, the cheque issued on 10th was only presented for payment. c. Interest and dividends collected by the banker on 25th August and informed the customer on 1st September R3500. d. Cheques of Rs 3,300 deposited into bank of which a cheque of Rs 2,300 only collected in August. e. A cheque of Rs 2,000 received and debited in Cash Book but not sent to bank till 31st August f. The following entries found in Pass Book only: Interest on bank balance Rs 250, Electricity bill paid RS400, Commission charged Rs 50. g. Cheque of Rs.4, 000 was deposited in August 2014 but the bank collected it in September 2014. h. Direct deposit of Rs.l,000 was made into account in August 2014 but came to know about this in September 2014. 2. Prepare a Bank Reconciliation statement of Mr.Di.nesh on 30th June 2014 with the following particulars: 3. Pass book showed an overdraft ofRs.15,000 on 30tll June 2014. b. A cheque of Rs.200 deposited in bank but not recorded in cash book. c. A cheque of Rs. 17,000 were issued but cheques worth only Rs. 10,000 were presented for payment up to 30th June 2014. d. Cheque of Rs.2,000 were received and recorded in cash book but not sent to bank. e. Cheques of Rs. 10,000 were sent to bank for collection. Out of these cheques Rs.2,000 and Rs.1,000 were credited before 30th June 2014. f. Bank paid Rs.300 fee towards chamber of commerce on behalf of MLDinesh, which was not recorded in cash book. g. Bank charged interest on overdraft Rs.800 which was not recorded in cash book. h. Rs.40 for bank charges were recorded two times in cash book and bank expenses of R335 were not at all recorded in cash book. a. Total of credit side of bank columns of cash book was undercast by Rs.1,000 by mistake. 3. On checking of Mr. Surendra's cash book with the Bank statement of his account for the month of March 2014 you find the following: a. Cash book showed an overdraft balance of Rs.4,500 b. The payment side ofthe cash book has been undercast by Rs.150 c. A cheque for Rs.7500 received and entered in cash book, but not deposited into bank. d. Under instructions from Surendra, bank had transferred interest of Rs.900 from his deposit account to his bank account on 04 042014, but it has been taken in cash book before 31-03-2014 itself. e. Bank charges of Rs.75 as per bank statement of account had not been taken in the cash book. f. Dividends of the amount of Rs.3.000 had been paid direct to the bank not entered in the cash book. g. Cheques paid in to bank of Rs.2.500 but cheques of Rs.l,875 only were cleared and credited by the banker. Depreciation AT&T acquired a machine on ist April, 2011 at a cost of $5,119,000 and spent 3,5,11,000 on its installationThe depreciation rate is10% p.a.The books are closed on 31St December every year. Show the machinery account and depreciation account on diminishing balance method for the year 2011 and 2012. Verizon acquired a machine on istApriI, 2013at a cost of $3,139,000 and spent ALDOO on its installation. Life ofthe machine isSyears with no scrap value. The books are closed on 31St March every year. Show the machinery account and depreciation account on straight line method for the first two yeah