October Receipts Disbursement

Book Balance 600,000.00 2,200,000.00 1,800,000.00

Erroneously recorded collection 90,000.00
Erroneously recorded check 270,000.00
Adjusted Book Balance 600,000.00 2,290,000.00 2,070,000.00
Bank Balance 400,000.00 2,500,000.00 1,970,000.00
DIT Oct 300,000.00 (300,000.00)
Nov 190,000.00
Erroneous credit (100,000.00)
Erroneous Debit (200,000.00)
OC Oct (100,000.00) (100,000.00)
Nov 400,000.00
Adjusted Bank Balance 600,000.00 2,290,000.00 2,070,000.00
DIT Oct 300,000.00
Add Book Deposits for November
Book Receipts 2,200,000.00
Erroneously recorded collection 90,000.00 2,290,000.00
Total 2,590,000.00
Less Bank Deposit credited for November
Bank Credits 2,500,000.00
Correction of erroneous credit (100,000.00) 2,400,000.00
DIT Nov 190,000.00
OC Oct 100,000.00
Add Check issued for November
Book Credits 1,800,000.00
Erroneously Recognized Check 270,000.00 2,070,000.00
Total 2,170,000.00
Less Check recognized by bank for November
Bank debits 1,970,000.00
Erroneous Debit (200,000.00) 1,770,000.00
OC Nov 400,000.00
November
November
1,000,000.00 Cash in Bank 90,000.00
90,000.00 Accounts Receivable 90,000.00
(270,000.00) Accounts Payable 270,000.00
820,000.00 Cash in Bank 270,000.00
930,000.00
190,000.00
(100,000.00)
200,000.00
(400,000.00)
820,000.00
Balance per book 500,000.00 Balance per Bank
Less Bank Service Charge 10,000.00 Add DIT
NSF Check 50,000.00 Total
Note recorded as receipts 100,000.00 160,000.00 Less OC
Adjusted Book Balance 340,000.00 Adjusted Bank Balance
DIT Oct 45,000.00 Bank Service Charged
Deposit for November Accounts Receivable
Book Debits 710,000.00 Notes Receivable
Unrecorded collection (45,000.00) Cash in Bank
Note recorded as collection (100,000.00) 565,000.00
Total 610,000.00
Less Deposit recognized by the bank
Bank credits 500,000.00
Error in prior month (10,000.00) 490,000.00
DIT - November 120,000.00
OC Oct 125,000.00
Add Check issued for November
Book Credits 1,200,000.00
Bank Service Charge (5,000.00) 1,195,000.00
1,320,000.00
Less Check recognized by Bank
Bank Debits 1,000,000.00
Nov Service Charge (10,000.00)
Nov NSF Check (50,000.00) 940,000.00
OC Nov 380,000.00
Balance per Bank 600,000.00
120,000.00
720,000.00
380,000.00
Adjusted Bank Balance 340,000.00
Bank Service Charged 10,000.00
Accounts Receivable 50,000.00
Notes Receivable 100,000.00
Cash in Bank 160,000.00
31-Mar Receipts Disbursements
Book Balance 200,000.00 800,000.00 720,000.00
Credit Memo for Notes
March 60,000.00 (60,000.00)
April 100,000.00
Bank Service Charge
March (8,000.00) (8,000.00)
April 2,000.00
NSF Check
March (20,000.00) (20,000.00)
April 30,000.00
Deposit in transit
March (80,000.00) 80,000.00
April (220,000.00)
Outstanding Checks
March 178,000.00 178,000.00
April (372,000.00)
Bank Balance 330,000.00 700,000.00 530,000.00
30-Apr
280,000.00
100,000.00
(2,000.00)
(30,000.00)
(220,000.00)
372,000.00
500,000.00
September Receipts Disbursement November
Book balance
CM Oct + -
Nov + +
DM Oct - -
Nov + -
Erroneous Debit
Oct - -
Nov - -
Erroneous Credit
Oct + -
Nov - +
Adjusted Book Balance
Bank Balance
DIT Oct + -
Nov + +
OC Oct - -
Nov + -
Erroneous Credit
Oct - -
Nov - -
Erroneous Debit
Oct + -
Nov - +
Adjusted Bank Balance
November