Question

Prepare a bank reconciliation statement as on 31st October, 2018 from the following information and show the balance of pass book:
(a) Credit balance as per bank column of cash book 3,57,300.
(b) Three cheques amounting 1,20,000 were issued but one cheque for 28,000 was not presented during the month.
(c) Cheques deposited into bank for 1,50,000 but 1,15,000 not yet collected.
(d) Gas bill for 12,000 paid directly by bank.
(e) Interest on investment for 15,000
was collected by bank but entered in the cash book as 51,000.
(f) Bank charges 3,000 not entered in the cash book.
g) A customer directly deposited 16,500 into bank for which there was no entry in the cash book.
(h) A debit of 7,800 in the pass book in respect of dishonoured cheque but no
corresponding entry in the cash book.​

Answer 1

credit balance per cash book = 357300

add:-

1. cheque deposit into bank nut not yet clear or collected = 115000
2. payment made by bank =12000
3. bank charges charged by bank=3000

cheque dishonoured =7800

less:-

1. cheque issued but not presented for payment =28000
2. interest or dividend collected by bank =51000
3. payment directly made by costumer =16500

dr. balance as per pass book = 399600