Question

From the following information supplied by sanjay prepare his Bank reconciliation statement as on December 31,2016: (i)Bank overdraft as per pass book ₹16,500. (ii)Cheques issued but not presented for payment ₹8,750. (iii)Cheques deposited with the bank but not collected ₹12,480. (iv)Cheques recorded in the Cashbook but not sent to the bank for collection.₹5000. (v)Payments received from customers directly by the bank. ₹3,500. (iv) Bank charges debited in the pass book. ₹300 ​

Answer 1

Answer:

Bank Overdraft as per Pass Book                                          (16500)

Cheques issued but not presented for payment                     (8750)      

Cheques deposited with the bank but not collected              12480

Cheques recorded in the Cashbook but not sent to the

bank for collection                                                                      5000

Payments received from customers directly by the bank      (3500)

Bank charges debited in the pass book                                   300

Balance as per Cash Book                                                      (10970)