Question

Bank Reconciliation Statement
P
12.47
Credit, i.e., Overdraft (Unfavourable) Balance as per Cash Book
14. On 1st January, 2019, Naresh had an overdraft of 40,000 as shown by his Cash Book in
the bank column. Cheques amounting to 10,000 had been deposited by him but were not
collected by the bank by 1st January, 2019. He issued cheques of 7,000 which were not
presented to the bank for payment up to that day. There was also a debit in his Pass Book
of 600 for interest and 500 for bank charges.
Prepare a Bank Reconciliation Statement. [Overdraft as per Pass Book344,100.]
OM

Answer 1

Answer:

Explanation:

                          Bank Reconcillation  statement   as on january                      

Overdraft as per the cash Book                                                     40000

Cheque deposited but not cleared interest                                   10000

Cheque  issued but not presented for payment       7000

Bank charged interest                                                                         600

Bank charged                                                                                        500

overdraft as per the pass book                                     44100

                                                                                                                                           

                                                                                          51100          51100