11. On 31st March, 2020, the Bank Pass Book showed a balance of * 6,000 to your credit. Before that the
cheques of 1,500 were issued, of which cheques of 900 were presented for payment A chequest
although recorded in the bank column of the Cash Book, was not deposited in the bank On 31st much
800 deposited in the bank on 291h March was not yet credited in the Pass Book. A cheque fort 160 m
cheque of 250 recelved was deposited in the bank but was not recorded in the Cash Book. There
in his Bank Account.
credit of 85 for Interest and a debit of 10 for bank charges.
Prepare Bank Reconciliation Statement as on 31st March 2020
Answers
Given: On 31st March, 2020, the Bank P. Book showed a balance of 6,000 to your credit.
- Before that the cheque of 1,500 were issued, of which cheque of 900 were presented for payment
- A cheque although recorded in the bank column of the Cash Book, was not deposited in the bank On 31st march
- 800 deposited in the bank on 29th March was not yet credited in the P. Book.
- A cheque for Rs. 160 and cheque of 250 received, was deposited in the bank but was not recorded in the Cash Book.
- There in his Bank Account, credit of 85 for Interest and a debit of 10 for bank charges.
To Find: Prepare Bank Reconciliation Statement as on 31st March 2020
Solution:
Bank Reconciliation Statement as on 31st March 2020
Particular Plus Items Minus Items
Credit Balance as per P. Book 6,000
Add:
Cheque deposited but not credited 800
- Cheque received but not sent to Bank 160
- Bank charges 10
Less:
Cheque issued but not presented 600
- Cheque sent to Bank but not recorded
in cash book 250
- Interest allowed 85
Debit Balance as per Cash Book 6,035
Note: To find debit balance as per cash book, we have to subtract minus items from plus items, i.e. 6,970-935=6,035.