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Exercise: 7.3 The cash book of Shamsun Nahar showed a bank balance of Tk.35,000 on 30 June 2013, while her Bank Bank account had a balance of Tk.30,500 to her credit. The following facts were ascertained for the difference: a) On 30 June 2013 total cash receipts of Tk.10,000 was banked, but credited to his account on the following day. b) The bank had charged Nahar for another party's cheque of Tk.2,000 in error on 25 June and had not rectificd the crror until 5 July 2013. c) Notes collected by the bank, Tk.5,000 and interest on bank deposit Tk.1,000 were not recorded in cash book. d) Bank charge not included in cash book, Tk.500 e) Cheques outstanding on 30 June 2013 were Tk.6,000 f) NSF cheque returned by the bank on 30 June 2013 was Tk.4,000 Required: i) Prepare bank reconciliation statement on 30 June 2013. ii) Necessary journal entries to rectify the cash book balance. Exercise 7.5 John Smith received a bank statement which showed an overdrawn of Tk. 3,630 on 30th November 2001. It did not match with her cash book balance. Detailed examination of the two records revealed the following: a) The debit side of the cash book had been undercast by Tk.300. b) A cheque for Tk.1 560 in favour of Z Suppliers Ltd., had been omitted by the bank from its statement, the cheque having been debited w another client's account. c) A lodgement of Tk.5 200 on 30th November had not been credited by the bank. d) Interest amounting to Tk.228 had been debited by the bank but not entered in the cash book. Required: a) Prepare the bank reconciliation statement as at 30th November 2001. b) Prepare journal entries required for reconciliation purpose

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