Question

Question 14.
Prepare Bank Reconciliation Statement as on 30th September, 2016 from the following particulars:

Answer 1

This question is from reconciliation statement. Solution is given below.

Explanation:

Particulars                                                                                    Amount

(i) Bank Balance as per Pass Book                                                 10000

(ii) Less: Cheque deposited not entered in cash book                   (500)

(iii) Add: Cheque not sent to bank                                                    1200

(iv) Add: Insurance paid directly by bank                                          800

(v) Less: Bank charges charged twice                                                (20)

(vi) Add: Cheque recorded twice                                                       1000

(vii) Add: Bill Dishonoured                                                                 5000

Balance As per Cash Book                                                              17480