book
6
(600.0) Cash book
Prepare Bris of PRG Rao & Sons as on 31-06-
2016 from the following
a) Bank overdraft as per cash book, 145000
(b) Cheques it issued but bot yet preserited for payment,
4500
3500
c) directly deposited by a austarred in our bank Al
d) cheques deposited in bank but not Credited 1752
e) Bank Changes de bited in the pass book only 20
t Inforest debited in the pass book
only
50
Ans - 14,700
18
83
1
Answers
Answer:
On December 31, 2010, the cash book of Mittal Bros showed on overdraft of Rs.6,920. From the following particulars prepare a Bank Reconciliation Statement and ascertion the balance as per pass book.
i) Debited by bank for Rs. 200 on account of Interest on overdraft and Rs.50 on account of charges for collecting bills.
ii) Cheques drawn but not encashed before December 31, 2010 for Rs.4,000.
iii) The bank has collected interest and credited Rs. 600 in pass book.
iv) A bill receivable for Rs.700 previously discounted with the bank had been dishonoured and debited in the pass book.
v) Cheques paid into bank but not collected and credited before December 31, 2010 amounted Rs.6,000.
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ANSWER
Bank Reconciliation Statement of Mittal Bros
as on 31st December 2010
S.N Particulars
Amt.(+) Amt.(-)
i
ii
iii
iv
v
Overdraft as per Cash Book
Interest and collection charges (200+50)
Cheque issued but not presented for payment
Interest collected by bank has not credited in cash book
Bill discounted with bank dishonoured
Cheque sent to the bank for collection but not collected and credited by the bank
Overdraft as per Pass Book
Answer:
Bank Reconciliation Statement of Mittal Bros
as on 31st December 2010
S.N Particulars
Amt.(+) Amt.(-)
i
ii
iii
iv
v
Overdraft as per Cash Book
Interest and collection charges (200+50)
Cheque issued but not presented for payment
Interest collected by bank has not credited in cash book
Bill discounted with bank dishonoured
Cheque sent to the bank for collection but not collected and credited by the bank
Overdraft as per Pass Book
4,000
600
9,270
13,870 6,920
250
700
6,000
13,870