On Ist 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.
On Ist 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.
Bank Reconciliation Statement of Rakesh as on January 01, 2017
S. No.
Particulars
(+)
Amount
Rs
(–)
Amount
Rs
Overdraft as per the Cash Book
8,000
(i)
Cheques deposited but not yet cleared
2,000
(ii)
Cheques issued but not presented for payment
800
(iii)
Interest on overdraft debited by bank
60
(iv)
Bank debited charges
100
Overdraft as per the Pass Book
9,360
10,160
10,160
|
Bank Reconciliation Statement of Rakesh as on January 01, 2017 |
|||
|
S. No. |
Particulars |
(+) Amount Rs |
(–) Amount Rs |
|
Overdraft as per the Cash Book |
|
8,000 |
|
|
(i) |
Cheques deposited but not yet cleared |
|
2,000 |
|
(ii) |
Cheques issued but not presented for payment |
800 |
|
|
(iii) |
Interest on overdraft debited by bank |
|
60 |
|
(iv) |
Bank debited charges |
|
100 |
|
Overdraft as per the Pass Book |
9,360 |
|
|
|
|
10,160 |
10,160 |
|
|
|
|
|
|
