Raghav & Co. have two bank accounts. Account No. I and Account No. II. From the following particulars relating to Account No. I, find out the balance on that account of December 31, 2017 according to the cash book of the firm.
(i) |
Cheques paid into bank prior to December 31, 2017, but not credited for Rs 10,000. |
(ii) |
Transfer of funds from account No. II to account no. I recorded by the bank on December 31, 2017 but entered in the cash book after that date for Rs 8,000. |
(iii) |
Cheques issued prior to December 31, 2017 but not presented until after that date for Rs 7,429. |
(iv) |
Bank charges debited by bank not entered in the cash book for Rs 200. |
(v) |
Interest Debited by the bank not entered in the cash book Rs 580. |
(vi) |
Overdraft as per Passbook Rs 18,990. |
Bank Reconciliation Statement of Mr. Raghav and Co. Account No. I as on December 31, 2017 |
|||
S. No. |
Particulars |
(+) Amount Rs |
(–) Amount Rs |
|
Overdraft as per the Pass Book |
|
18,990 |
(i) |
Cheque deposited but not cleared prior to 31 Dec. 2013 |
10,000 |
|
(ii) |
Amount transferred Account II to Account I recorded in the Pass Book but not entered in the Cash Book |
|
8,000 |
(iii) |
Cheque issued but not presented for payment |
|
7,429 |
(iv) |
Bank debited charges |
200 |
|
(v) |
Interest on overdraft not credited in the Cash Book |
580 |
|
|
|
|
|
|
Overdraft as per the Cash Book |
23,639 |
|
|
34,419 |
34,419 |
|
|
|
|
|