From the following information ascertain the balance that would appear in the bank pass book of A on 31st March, 2018:
(i) Bank overdraft of Rs. 63,400 as per cash book on 31st March, 2018.
(ii) Interest on overdraft for 6 months ended 31st March, 2018, Rs. 1,600 entered in the pass book and not recorded in cash book.
(iii) Bank charges of Rs. 300 for the above period are debited in the Pass Book and not recorded in Cash Book.
(iv) Cheques issued but not presented for payment prior to 31st March, 2018, amounted to Rs. 11,680.
(v) Cheques deposited in the bank but not collected before 31st March, 2018 were for Rs. 21,700.
(vi) Interest on investments collected by the bank and credited in the Pass Book, Rs. 12,000.
(vii) Credit side of the Bank column of the Cash Book was undercast by Rs. 1,000.

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Solution

Bank Reconciliation Statement as on 31st March, 2018
Particulars Amount
Details (Rs.) Amount
(Rs.)
Overdraft as per Cash Book (Cr.)
Add: Interest on overdraft debited in the pass book but not yet entered in the cash book
Bank charges debited in the pass book but not yet entered in the cash book
Cheques paid in but not yet credited by the bank
Credit side of the bank column of the cash book undercasted
Less: Cheques issued but not yet presented
Interest on investment collected and credited by the bank butb not yet entered in the Cash Book
Overdraft as per pass book (Dr.)
1,600
300
21,700
1,000
11,680
12,000
63,400
24,600
$88, 000$
23,680
$64, 320$

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Q. On 31st March, 2018, the Cash Book of Rohan showed an overdraft of Rs. 5,600.
From the following particulars, prepare Bank reconciliation Staetment:
(i) Cheques issued but not credited before 31st March, 2018 amounted to Rs. 3,964.
(ii) Cheques deposited into the bank but not credited before 31st March, 2018 amounted to Rs. 4,891.
(iii) A Bill Recievable for Rs. 520 previously discounted with the bank had been dishonoured and bank charges debited in the pass book amounted to Rs. 55
(iv) Debit is made in the Pass Book for Rs. 120 on account of interest on overdraft.
(v) The bank has collected interest on investment and credited Rs. 760 in the Pass Book.

Q. From the following particulars, ascertain the bank balance as per Pass Book as on 31st March, 2018 (a) without correcting the Cash Book balance and (b) after correcting the Cash Book balance:
(i) The bank balance as per Cash Book on 31st March, 2018 ₹ 40,000.
(ii) Cheques issued but not encaashed up to 31st March, 2018 amounted to ₹ 10,000.
(iii) Cheques paid into the bank, but not cleared up to 31st March, 2018 amounted to ₹ 15,000.
(iv) Interest on investments collected by the bank but not entered in the Cash Book ₹ 500.
(v) Cheques deposited in the bank but not entered in the Cash Book ₹ 12,500.
(vi) Bank charges debited in the Pass Book but not entered in the Cash Book ₹ 100.

Following are the entries recorded in the Cash Book (Book Column) of Deepali Traders for the month ended 31st March, 2011.

Cash Book (Bank Column Only)
Dr.			Cr.
Date	Receipts	Rs	Date	Payments	Rs
2011 Mar. 15 21 22 31	To Cash A/c To Razak’s A/c To Kavita’s A/c To Balance c/d	36,000 24,000 10,000 7,640	2011 Mar.1 4 6 15 20	By Balance b/d By Jonny’s A/c By Roma’s A/c By Ashish ‘s A/c By Patil’s A/c	40,000 2,000 400 240 35,000
		77,640			77,640

On 31^st March 2011, Deepali Trader’s received the Bank Statement, on comparing it with the Cash Book following information was available.
(i) Cheque of Rs 10,000 deposited into the Bank not Credited by Bank.
(ii) Bank charges debited by Bank not entered in the Cash Book Rs 340.
(iii) Interest on Ovendraft debited Rs 1,000 by Bank but not recorded in the Cash Book
(iv) Bank transferred and credited Rs 200 in the Pass Book, not recorded in the Cash Book
(v) Cheques issued but not presented to the Bank Rs 37,400
(vi) Interest on Securities Rs 1,080 and Dividend on shares Rs 1,000 collected and Credited by Bank, not entered in the Cash Book.

Q. On 31st March, 2018, Bank Pass Book of Naresh & Co. showed an overdraft of ₹ 10,700. From the following particulars, prepare Bank Reconciliation Statement:
(i) Cheques issued before 31st March, 2018 but presented for payment after that date amounted to ₹ 900.
(ii) Cheques paid into the bank but not collected and credited unitl 31st March, 2018 amounted to ₹ 2,200.
(iii) Interest on overdraft amounting to ₹ 1,200 did not appear in the Cash Book.
(iii) ₹ 5,000 being interest on investments collected by the bank and credited in the Pass Book were not shown in the Cash Book.
(iv) Bank charges of ₹ 50 were not entered in the Cash Book.
(v) ₹ 800 in respect of dishonoured cheque were intered in the Pass Book but not in the Cash Book.

Q. Mohan & 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 as on 31st March, 2018 according to the Cash Book (Bank Column) of the firm:

		₹
(i)	Overdraft as per Pass Book.	14,724
(ii)	Cheques issued prior to 31st March, 2018 but not presented till 31st March	6,429
(iii)	Cheques paid into the bank prior to 31st March, 2018 but not credited till 31st March.	9,751
(iv)	Interest debited by the bank but not entered in the Cash Book.	607
(v)	Bank charges debited by the bank but not entered in the Cash Book.	140
(vi)	Transfer of funds from Account No. II to Account No. I recorded by the bank on 31st March, 2018 but entered in the Cash Book on 2nd April, 2018.	5,000

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Particulars	Amount Details (Rs.)	Amount (Rs.)
Overdraft as per Cash Book (Cr.) Add: Interest on overdraft debited in the pass book but not yet entered in the cash book Bank charges debited in the pass book but not yet entered in the cash book Cheques paid in but not yet credited by the bank Credit side of the bank column of the cash book undercasted Less: Cheques issued but not yet presented Interest on investment collected and credited by the bank butb not yet entered in the Cash Book Overdraft as per pass book (Dr.)	1,600 300 21,700 1,000 11,680 12,000	63,400 24,600 $88, 000$ 23,680 $64, 320$