Question

Prepare a bank reconciliation statement as on 31st Dec. 2018 from the following information. (6)
(1) Bank Overdraft as per passbook ` 22,000 as on 3st dec.
(2) On 28th Dec, a cheque had been issue for ` 50,000 of which cheque worth
` 6,000 had be encashed upto 31st Dec.
(3) Cheques amounted to ` 4,500 Red been paid into the bank for collection but
out of these only ` 1,000 had been credited in the passbook.
(4) The bank has charged ` 1,500 as interest on overdraft and the intimation of
which has not been received as yet.
(5) Bank has collected ` 1,600 directly in respect of interest on investment.
(6) A cheque of ` 1,200 has been debited in bank column of cash book, but it was
not sent to bank at all.

Answer 1

Answer:

Prepare a bank reconciliation statement as on 31st Dec. 2018 from the following information. (6)

(1) Bank Overdraft as per passbook ` 22,000 as on 3st dec.

(2) On 28th Dec, a cheque had been issue for ` 50,000 of which cheque worth

` 6,000 had be encashed upto 31st Dec.

(3) Cheques amounted to ` 4,500 Red been paid into the bank for collection but

out of these only ` 1,000 had been credited in the passbook.

(4) The bank has charged ` 1,500 as interest on overdraft and the intimation of

which has not been received as yet.

(5) Bank has collected ` 1,600 directly in respect of interest on investment.

(6) A cheque of ` 1,200 has been debited in bank column of cash book, but it was

not sent to bank at all.