Basu had issued on 24 December three cheques for rs 15000,rs 12000and rs 7000.the first two cheques were presented to the bank for payment in December and third in January 2015
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So while preparing the bank reconciliation statement for December month.
If you start with balance as per books then you'll need to add the cheque of 7,000 to your book balance because the cheque hasn't been cleared till December end while the same has been reduced by you in the book balance.
If you start with balance as per books then you'll need to add the cheque of 7,000 to your book balance because the cheque hasn't been cleared till December end while the same has been reduced by you in the book balance.
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