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You gathered following information of Kashaf Ltd., at September 30. Balance as per books - DR $15,000 Scrutiny of the bank statement revealed: - checks
You gathered following information of Kashaf Ltd., at September 30.
| Balance as per books - DR | $15,000 |
| Scrutiny of the bank statement revealed: | |
| - checks issued but presented | $2,500 |
| - checks deposited but not cleared | $1,500 |
| - Bank charges | $200 |
| - Bank debited Kashaf for interest $120 instead of $120. No amounts were recorded in the books | |
| Further while recording receipts and payment following errors were made | |
| - receipt of $1,500 was credited to cash account | |
| - payment of $1,200 was debited to cash account | |
The adjusted balance as per books (choose 1)
- A. $14,950 DR
- B. $15,250 DR
- C. $14,950 CR
- D. $15,250 CR
- E. $15,280 DR
- F. $15,370 CR
- G. $15,280 CR
- H. $15,370 DR
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Statistics Informed Decisions Using Data
Authors: Michael Sullivan III
5th Edition
9780134133539
