Question

Prepare Bank Reconciliation statement as on 30th 2014 from the following particulars:
10.000
500
1.200
200
600
Balance as per Pass Book
Cheque deposited into the Bank, but no entry was
passed in the Cash Book
Cheque received and entered and in the cash Book
but not sent to bank
Credit side of the Cash Book bank column cast short
Insurance premium paid directly by the bank under
the standing advice.
Bank charges entered twice in the Cash Book.
Cheque issued but not presented to the bank for
payment
Cheque received entered twice in the Cash Book
Bill discounted dishonoured not recorded in the
Cash Book.
500
1,000
5.000​

Answer 1

Answer:

Bank Reconciliation Statement

as on March 31, 2017

S. No. Particulars Plus Items (Rs) Minus Items (Rs)

 Debit Balance as per Cash Book 1,54,300  

 

Add: (ii) Cheques issued but not presented

80,760  

 

(iv) Cheques received by bank directly from Trade Debtors

1,35,200  

 

(vi) Dividend collected not recorded in Cash Book

1,000  

       

 

Less: (i) Cheques deposited but not credited by the bank

 75,450

 

(iii) Bank charges not recorded in the Cash Book

 1,135

 

(v)  Insurance premium paid as per standing instructions

 15,400

 Credit Balance as per Pass Book   2,79,275

   3,71,260 3,71,260

       

Explanation: