Question

29. On 31" March, 2011 the pass book of a trader showed a credit balance of Rs.1,565 but the pass book balance wadifferent for the following reasons from the cash book balance :1. Cheques issued to 'X' for Rs.600 and to 'Y' for Rs.384 were not yet presented for payment.2. Bank charged Rs.35 for bank charges and 'Z' directly deposited Rs.816 into the bank a/c. which were not entered inthe cash book.3. Two cheques one from 'A' for Rs.515 and another from 'B' for Rs.1,250 were collected in the first week of April, 2011although they were banked on 25.03.2011.4. Interest allowed by bank Rs.45.Prepare a bank reconciliation statement as on 31 March, 2011.​

Answer 1

Answer:

Balance as per cash Book = Rs.1520/-

Explanation:

Balance as per bank Pass book                                                      Rs.1565

Add:

Cheques Deposited not credited

A 515 + b 1250                = 1765

Bank Charges           =   35.00                +1800

Less

Cheques Issued Not presented for payment

x  600 + y  384          = 984.00

Interest credited by bank  = 45

Direct Deposit by Z         =  816                 -1845

Balance as per cash book            

1565+1800-1845                                                                           = 1520