On checking the Bank Pass Book it was found that it showed an overdraft of $5,220 as on 31st December ,2008, while as per Ledger it was different to bank debit. The following differences were noted:-

(i)Cheques deposited but not yet credited by bank $ 6,000

(ii) Cheques dishonoured and debited by bank but not given effect to it in Ledger $800

(iii)Bank charges debited by bank but Debit Memo not received from bank $50

(iv)Interest on overdraft excess credited in the Ledger $200

(v)Wrongly credited by bank to account , deposit of some other party $900

(vi)Cheques issued but not presented for payment $400