➢ A customer's cheque of Rs 5,000 was return with the bank statement marked NSF. ➢ Collection of notes receivable for Rs 4,000 and interest on investment Rs 2,000 ➢ Bank charge Rs 2,000 for the…

➢ A customer's cheque of Rs 5,000 was return with the bank statement marked NSF. ~ ➢ Collection of notes receivable for Rs 4,000 and interest on investment Rs 2,000 * ➢ Bank charge Rs 2,000 for the service provided by the bank ~ ➢ Bank paid Rs 11,000 but the company recorded Rs 16,000 in its statement. Required: Bank reconciliation statement The following particulars are extracted from the trial Balances of a manufacturing firm. Tax paid70,000Dividend paid30,000Office supplies90,000Dividend received30,000Sales1,200,000Sundry debtors180,000Raw material purchase550,000Factory overheads100,000Manpower cost250,000Selling overhead50,000Capital employed600,000Depreciation expenses60,000Interest expenses20,000Motive power10,000 Required: (a) Value-added statement and (b) Net profit for the year