Logo

a) The following information is available for GG Company on \( 31^{\text{st}} \) Chaitra 2075 Balance as per bank statement = Rs. 15,000 Balance as…

BBS Financial Accounting and Analysis · 2078 · Solved Question with Answer

a) The following information is available for GG Company on \( 31^{\text{st}} \) Chaitra 2075

Balance as per bank statement = Rs. 15,000

Balance as per company records = Rs. 11,000

Cheque not deposited upto \( 31^{\text{st}} \) Chaitra = Rs. 2,400

Bank service charge for the month = Rs. 100

Bill receivable collected by bank only = Rs. 2,000

Interest on bill is recorded on company = Rs. 500Outstanding cheque of Chaitra = Rs. 4,000

Required : Bank Reconciliation Statement as on \( 31^{\text{st}} \) Chaitra 2075. 

b) Define treasury stock with its features.

Solution

Please login to view the answer.