Question

Illustration 13 (Overdraft as per Cash Book). Prepare Bank Reconciliation Statement
us on 30th June, 2017 for Jyoti Sales Private Limited from the information given below:
(1) Bank overdraft as per Cash Book on 30th June, 2017
1,10,450
(ii) Cheques issued on 20th June, 2017 but not yet presented.
15,000
(ii) Cheques deposited but not yet credited by the bank.
22,750
(iv) Bills for collection not advised by the bank but credited to the account. 47,200
(u) Interest debited by the bank on 27th June, 2017 but no advice received. 12,115
(vi) Subsidy received from the authorities by the bank on our behalf,
credited to the account.
22,000
(vii) Amount wrongly debited by the bank.
2,400
(vii) Amount wrongly credited by the bank.
5,000​

Answer 1

Answer:

overdraft as per cash book (-)11045

cheque issued but not present ed (+) 15000

cheque deposit but yet not clear (-) 22750

interest debited by bank but no advise received (-) 12115

subsidy received (+) 22000

wrongly debited by bank(-) 2400

wrongly credited by bank (+)5000