Thursday, December 29, 2011

Pass the Journal entry of the following transaction



NO.
Particulars
Taka
1
Mr. Robin opens an account with MTB, Shanir Akhra Branch by depositing cash TK. 5000 and a cheque for TK. 45000 only. (The cheque belongs to the account of Mr. Karim, A/C No. 0310009337 with MTB, Shanir Akhra Branch)
50,000
2
Mr. Karim’s also given us a cheque to transfer an amount from his account to Mr. Gias Account.
35,000
3
Mr. Robin deposits a cheque of DBBL for TK. 25000 only.
25,000
4
A cheque has drowned on MTB, Shanir Akhra branch from Bank Asia through clearing house on account of Md. Mobarak Hossain.
10,000
5
Mr. Robin gives a cheque of his account to Mr. Ali who has also an account in MTB, Shanir Akhra Branch.
20,000
6
Mr. Robin sends us a cheque of his account for issuing a Pay Order (PO) favoring Bank Asia Ltd. On account of Job Application.
500
7
Today we receive a computer from our Head Office.
1,00,000
8
Depreciation charges on computer @20% on straight line method.

9
Expenses incurred for entertaining valued client of the branch.
500
10
Hanif was paid TK. 50 for going to head office for official purpose.
50
11
Branch send 05 cheques of different accounts to clearing house totaling TK. 340000 for collection (Through the account name is not mentioned here; please treat the name of account as Sundry Party’s account.)
3,40,000
12
A cheque for TK. 50000 has been returned from clearing house.
50,000
13
Expense incurred for purchasing papers, pen, files etc.
1,000
14
Computer paper and ribbon purchased for branch.
3,000
15
5 litter Petrol purchased for the bank’s generator @ TK. 78

16
A DD for TK. 50000 issued on our Agrabad Branch favoring M/S. Alam & Brothers.
50,000
17
Mr. Robin withdraws TK. 5000 from ATM Booth.
5,000
18
Our head office sends us a few refund warrants for onward crediting to sundry party’s account through online. (In absence of account name, please write the account name as Sundry Party’s account)

19
FDR interest due in 3 accounts.
12,000
20
Transfer FDR interest to Nahid’s savings account.
5,200
21
Encashment of 1 FDR and issued a Pay Order (PO) there against.
2,00,000
22
Mr. Alamgir send a cheque of his account for TK. 100000 and cash TK. 50000 to make an FDR of her wife’s name i.e. Mrs. Nargis Akter

23
Mrs. Mahmuda submits an application for closing her account and she is not interested to receive the balance of her account in cash. Closing charge of the account is TK. 200, 15% vat will be applicable on closing charge.
10,000
24
The PO which Mr. Robin issued earlier needs to be cancelled.
500