Question

From the following information, prepare Bank Reconciliation Statement as on 31st March, 2018:
(i) Debit balance shown by Pass Book ₹ 17,800.
(ii) Cheque of ₹ 21,600 were issued in the last week of March but only cheques of ₹ 14,800 were presented for payment.
(iii) Cheques of ₹ 10,750 were presnted to the bank. Out of them, a cheque of ₹ 4,200 was credited in the first week of April, 2018.
(iv) A cheque of ₹ 1,200 was debited in the cash book but was not presented in the bank.
(v) Insurance premium paid by bank ₹ 1,450.
(vi) A bill of exchange of ₹ 6,200 which disocunted with the same was dishonoured but no entry was made in the Cash Book.
(vii) Bank chearges, charged by the bank ₹ 350.

Answer 1

Bank Reconciliation Statement as on March 31,2018
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
(i)	Overdraft as per the Pass Book		17,800
(ii)	Cheques issued but not presented for payment		6,800
(iii)	Cheques deposited but not cleared in March	4,200
(iv)	A Cheque entered in the Cash Book but not deposited into bank	1,200
(v)	Insurance premium paid by bank	1,450
(vi)	Bill dishonoured	6,200
(vii)	Bank Charges	350
	Overdraft as per the Cash Book	11,200
		24,600	24,600