Kumar find that the bank balance shown by his cash book on December 31, 2017 is Rs 90,600 (Credit) but the passbook shows a difference due to the following reason:

A cheque (post dated) for Rs 1,000 has been debited in the bank column of the cash book but not presented for payment. Also, a cheque for Rs 8,000 drawn in favour of Manohar has not yet been presented for payment. Cheques totaling Rs 1,500 deposited in the bank have not yet been collected and cheque for Rs 5,000 has been dishonoured.

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Solution

Bank Reconciliation Statement of Kumar as on December 31, 2017

S. No.

Particulars

(+)

Amount

Rs

(–)

Amount

Rs

Overdraft as per the Cash Book

90,600

(i)

Cheque debited in the Cash Book but not deposited in the bank

1,000

(ii)

Cheque issued but not presented for payment

8,000

(iii)

Cheque deposited but not yet cleared

1,500

(iv)

Cheque dishonoured

5,000

Overdraft as per the Pass Book

90,100

98,100

98,100

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(i) A cheque for ₹ 5,000 drawn in favour of Manohar has not yet been presented for payment.
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Bank Reconciliation Statement of Kumar as on December 31, 2017
S. No.	Particulars	(+) Amount Rs	(–) Amount Rs
	Overdraft as per the Cash Book		90,600
(i)	Cheque debited in the Cash Book but not deposited in the bank		1,000
(ii)	Cheque issued but not presented for payment	8,000
(iii)	Cheque deposited but not yet cleared		1,500
(iv)	Cheque dishonoured		5,000

	Overdraft as per the Pass Book	90,100
		98,100	98,100