Question

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.​

Answer 1

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Under casting  of withdrawn column                                              200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