Question

A The cash book of Anbu showed a balancé of Rs. 2,500 on 23rd September 1993. This did not agree with the pass book. From the following particulars ascertain the balance as per pass book: (i) Cheque paid in but not cleared by bank before 23-9-1993-Rs. 500. (ii) Cheques issued in favour of customers but not presented prior to 23-9-1993 Rs. 675. (ii) Commission charged by bank but not entered in cash book Rs. 25. (iv) Interest on government securities collected and credited by bank not yet Pentered in cash book Rs. 400. (v) No record has been made in the cash book relating to a dishonour of a cheque for Rs. 50.

Answer 1

Answer:

Explanation:

                           Bank Reconciliation Statement

Cheques issued but not presented                                   Rs. 675

Less : Cheques paid in but not cleared                                  Rs. 500

Less : Bank charges not entered in Cash Book                     Rs. 25

Add : Interest on Investments collected by the Bank

but not entered in the cash Book                                           Rs. 400

Less : No record of dishonored cheque                                 Rs. 50

                                                                                                                             

                     Bank balance as per passbook                         Rs. 500