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CA Foundation doubt

First and second trasaction

Image attached to the doubt: First and second trasaction

Asked by Pratyaksh14 May 2024518 views

5 answers

  1. Soniya · 14 May 2024

    For the 1st adjustment Cash book Overdraft was increased due to issue but as it was not presented so Cash book Overdraft is to be reduced by 7400 as well as 1500( Cash book Overdraft was increased due to payment of cheque of 1500 but since it was returned pass book was not effected therefore 1500 will also be added to balance the cash book Overdraft with the pass book Overdraft)

  2. Soniya · 14 May 2024

    For the 2nd adjustment Cash book Overdraft will be added by 2600 & 500 As when the amount was deposited the Overdraft balance was reduced but the Passbook Overdraft was not reduced so to balance the cash book Overdraft will be increased again

  3. Pratyaksh · 14 May 2024

    We have bank overdraft of 98700 as per cash book

  4. Pratyaksh · 14 May 2024

    First and second

  5. Karishma · 14 May 2024

    Which transaction

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