Question

Bank balance as per passbook of Gaurang on 31-3-2016 was 10,000 which does not
tally with the bank balance as per cashbook. Following information is obtained while
comparing the passbook and cashbook. Prepare a bank reconciliation statement by add and less method :
(1) A cheque of 7000 is drawn and recorded in cashbook but not given to creditor.
(2) A cheque of * 12,000 was deposited with bank on 29-3-2016, which is credited by bank
on 1-4-2016.
(3) Bank has paid 6000 for insurance premium, which is known to Gaurang on 1-4-2016.
(4) A customer has deposited directly with bank * 5000, which is not recorded in cashbook.
(5) Bank has credited interest 200 and recorded in passbook, but not recorded in cashbook.
(6) A cheque of 6700 deposited with bank is dishonoured, of which the information is
received on 1-4-2016.
(7) Cheques drawn for * 18,000 but out of these cheques of * 6000 were presented for
payment till 31-3-2016.
(8) Cheques of 32,000 were deposited with bank, out of which cheques of * 7000 are
credited in passbook till 31-3-2016.
(9) A cheque of 1800 was deposited with bank, which is not recorded in cashbook.
(10) Bank has debited 20 in passbook for bank charges, which is not recorded in cashbook.​

Answer 1

Explanation:

balance as per cash book will be 37,320