Bank balance of Rs 40,000 showed by the cash book of Atul on December 31, 2016. It was found that three cheques of Rs 2,000, Rs 5,000 and Rs 8,000 deposited during the month of December were not credited in the passbook till January 02, 2017. Two cheques of Rs 7,000 and Rs 8,000 issued on December 28, were not presented for payment till January 03, 2017. In addition to it bank had credited Atul for Rs 325 as interest and had debited him with Rs 50 as bank charges for which there were no corresponding entries in the cash book.

Prepare a bank reconciliation statement as on December 31, 2016.

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Solution

Bank Reconciliation Statement of Atul as on December 31, 2016

S. No.

Particulars

(+)

Amount

Rs

(–)

Amount

Rs

Balance as per the Cash Book

40,000

(i)

Cheques deposited but not cleared in December

15,000

(ii)

Cheque issued but presented for payment for payment

15,000

(iii)

Bank allowed interest

325

(iv)

Bank debited charges

50

Balance as per the Pass Book

40,275

55,325

55,325

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Similar questions

Bank balance of Rs. 40,000 showed by the cash book of Atul on December 31, 2010. It was found that three cheques of Rs. 2,000, Rs. 5,000 and Rs. 8,000 deposited during the month of December were not credited in the passbook till January 2, 2010. Two cheques of Rs. 7,000 and Rs. 8,000 issued on December 28, were not presented for payment till January 3, 2010. In addition to it, the bank had credited Atul for Rs. 325 as interest and had debited him with Rs. 50 as bank charges for which there were no corresponding entries in the cash book.

Prepare a bank reconciliation statement as on December 31, 2010.

From the following particulars, prepare a bank reconciliation statement showing the balance as per cash book on December 31, 2010.

(i) Two cheques of Rs. 2,000 and Rs. 5,000 were paid into the bank in October 2010 but were not credited by the bank in the month of December.

(ii) A cheque of Rs. 800 which was received from a customer was entered in the bank column of the cash book in December 2009 but was omitted to be banked in December 2009.

(iii) Cheques for Rs. 10,000 were issued into the bank in January 2010 but not debited by the bank on December 31, 2010.

(iv) Interest on Investment Rs. 1,000 collected by bank appeared in the passbook.

Balance as per passbook was Rs. 50,000.

Prepare bank reconciliation statement as on December 31, 2017. On this day the passbook of Mr. Himanshu showed a balance of Rs 7,000.

(a)	Cheques of Rs 1,000 directly deposited by a customer.
(b)	The bank has credited Mr. Himanshu for Rs 700 as interest.
(c)	Cheques for Rs 3,000 were issued during the month of December but of these cheques for Rs 1,000 were not presented during the month of December.

On I^st January 2017, Rakesh had an overdraft of Rs 8,000 as showed by his cash book. Cheques amounting to Rs 2,000 had been paid in by him but were not collected by the bank by January 01, 2017. He issued cheques of Rs 800 which were not presented to the bank for payment up to that day. There was a debit in his passbook of Rs 60 for interest and Rs 100 for bank charges. Prepare bank reconciliation statement for comparing both the balance.

Prepare bank reconciliation statement.

(i)	Overdraft shown as per cash book on December 31, 2017 Rs 10,000.
(ii)	Bank charges for the above period also debited in the passbook Rs 100.
(iii)	Interest on overdraft for six months ending December 31, 2017 Rs 380 debited in the passbook.
(iv)	Cheques issued but not incashed prior to December 31, 2017 amounted to Rs 2,150.
(v)	Interest on Investment collected by the bank and credited in the passbook Rs 600.
(vi)	Cheques paid into bank but not cleared before December, 31 2017 were Rs 1,100.

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Bank Reconciliation Statement of Atul as on December 31, 2016
S. No.	Particulars	(+) Amount Rs	(–) Amount Rs
	Balance as per the Cash Book	40,000
(i)	Cheques deposited but not cleared in December		15,000
(ii)	Cheque issued but presented for payment for payment	15,000
(iii)	Bank allowed interest	325
(iv)	Bank debited charges		50

	Balance as per the Pass Book		40,275
		55,325	55,325