Prepare Bank Reconciliation Statement of Mr. Balkrishna as on 31st March, 2017 from the
particular given below : -
(i) Balance as per Pass Book ` 20,000 .
(ii) Bank collected a cheque of ` 1,000 on behalf of Mr. Balkrishna but wrongly credited
to Shri Lalkrishna’s Account being another customer of the bank.
(iii) Bank recorded a cash deposit of ` 3,859 as ` 3,598,
(iv) Withdrawal column of the Pass Book under cast by ` 200.
(v) The Credit Balance of ` 3,000 on page 15 of Pass Book was recorded on page 16 as a
debit balance.
(vi) The payment of a cheque of ` 700 was recorded twice in the Pass Book.
(vii) The pass book showed a credit for a cheque of ` 2,000 deposited by Mr. Lalkrishna
(another customer of the bank),
(viii) Divided directly collected by bank ` 250.
Answers
Answer:
Explanation:
Bank reconciliation
Add deduct
Balance as per p book 20000
err in carry forward chq 1000
err in carrying forward 6000
chq recorded twice 700
excess credit for cash deposit 261
Under casting of withdrawn column 200
wrong credit by chq 2000
Dividend collected by bank 250
Balance as per cash book (27700- 2711) 24989
27700 27700