Question

From the following particulars, prepare bank Reconciliation Statement as on 31* March 2019.

(1) Balance as per Cash Book? 50,000.

A cheque for 500 issued in favour of Rahul has not been presented for payment. (iii) A bill for 1.200 retired by bank on our behalf under a rebate ofR 70, the full amount of the bill was

credited in Cash Book

(iv) A cheque ofR 200 deposited in the bank has been dishonoured. (V) A sum of 900 deposited in the bank has been credited as 90 in the Pass Book

(vi) Payment side of Cash Book has been undercasted by 200. (vii) A bill receivable for 1,000 (discounted with the bank in February 2019 dishonoured on 31"

March 2019, but the dishonour was not recorded in the Cash Book
​

Answer 1

Explanation:

1) Balance as per Cach Book.

Add ☺ Cheque inue but not perented (in bill refie under a sebate difference (700-680)

ley: Cheque dubon't clinhonou Chort depon't in bank (V)

( 800- 80) V2 Caih bau endercad (vi) Bill dishonour (discounted)

Balance as per P.B

10,ooo

500

20

(295

(720)

(200)

(1000)

8 305