19.

From the following particulars prepare a Bank Reconciliation Statement to find out the
causes of difference in two balances as on June 30, 2020 for ABC Limited.

i) Bank Overdraft as per Bank Statement …………………………………… 17,000

ii) Cheque issued but not encashed during the month……………………….. 2,200
iii) Dividends on Share collected by banker…………………………………... 2,300
iv) Interest Charged by the bank recorded twice in the cash book………….. 500
v ) Cheque deposited as per Bank Statement , not entered in cash Book…… 3,400
vi) Credit side of the Bank Column in Cash Book found short ………………. 1,000
vii) Due paid by bank , not recorded in cash book…………………………….. 1,200
viii) Uncredited cheque due to outstation……………………………………….. 3,900
20. Here is shown an Adjusted Trail Balance.

Requirements:

Prepare Financial Statements.

i) Changes In Equity; ii) Income Statement & iii) Balance Sheet