Question

December 31, 2016, the cash book of Mittal Bros.
showed an overdraft of rs 6,920. From the following
particulars make out a Bank Reconciliation Statement
ascertain the balance as per pass book
1) Debited by book for rs 200 on account of interest on
overdraft and rs 50 on
account of
Charges for collecting bills.
2) Cheques drawn but not cashed before December 31, 2016 for rs 4000
3) The bank has collected interest and has credited rs 600 in Pass Book
4) A bill receivable for rs 700 previously discounted with the
bank had been dishonoured and debited in the pass book
5) cheques paid into but not collected and credited before
December 31, 2016 amounted to rs 6,000.​

Answer 1

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