Question

ILLUSTRATION 7. On 31st March, 2018, there was a credit balance of 12.000 3
pass book of Banke Bihari. It was subsequently discovered that:
(a) The receipt side of the bank column of the cash book had been overcast by 2.0
(b) Cheques amounting to 7,520 were deposited and entered in books but not dead
(c) Cheques issued amounting to 10,460 have not been presented.
(d) Discount allowed 220 has been entered in the bank column instead of the de
column.
(e) A credit note of 580 received from the bank in March, 2018 has not been a
the books.
You are required to prepare the bank reconciliation statement as on 31 March, 2018​

Answer 1

Answer:

ILLUSTRATION 7. On 31st March, 2018, there was a credit balance of 12.000 3

pass book of Banke Bihari. It was subsequently discovered that:

(a) The receipt side of the bank column of the cash book had been overcast by 2.0

(b) Cheques amounting to 7,520 were deposited and entered in books but not dead

(c) Cheques issued amounting to 10,460 have not been presented.

(d) Discount allowed 220 has been entered in the bank column instead of the de

column.

(e) A credit note of 580 received from the bank in March, 2018 has not been a

the books.

You are required to prepare the bank reconciliation statement as on 31 March, 2018