Question

Mr. Burman open a saving back account with Bank of India on 3^rd April 2007 with a cash deposit of Rs 5,000/-. Subsequently, he deposited Rs 16,500/- by cheque on 11^th April 2007, withdraw Rs 4,000/- on 10^th May, paid Rs 3,500 for insurance by cheque on 7^th July 2007, deposited Rs. 6,000/- in cash on 9^th August 2007 and withdrew Rs 1,500/- on 12^th Oct 2007.

Make the entries in his passbook

Answer 1

 Make the entries in his passbook There are 5 columns in a passbook:

a) Date,
b) Particulars,
c) Withdrawals,
d) Deposits,
e) Balance.

Date is the date of the transaction, Particular is the details of the transaction primarily the name, Withdrawal is the amount that has been taken out from acoount, Deposit is the amount that has been given to the acoount, balance is net amount remaining in the account after subtracting I Adding the amount as applicable. Keeping this in mind, the passbook entry will look as below: 

Date	Particular	Withdrawals	Deposits	Balance
03.04.2007	By cash		5,000.00	5,000.00
11.04.2007	By Cheque		16,500.00	21,500.00
10.05.2007	To Self	4,000.00		17,500.00
07.07.2007	By Cheque	3,500.00		14,000.00
09.08.2007	By cash		6,000.00	20,000.00
12.10.2007	To Self	1,500.00		18,500.00