Question

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.

Answer 1

(a) Without correcting Cash Book Balance

	Bank Reconciliation Statement as on March 31,2018
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
(i)	Bank Balance as per Cash Book	40,000
(ii)	Cheques issued but not encashed	10,000
(iii)	Cheques deposited but not cleared		15,000
(iv)	Interest on Investments collected by Bank	500
(v)	Cheques deposited directly in Bank	12,500
(vi)	Bank Charges		100
	Balance as per the Pass Book		47,900
		63,000	63,000

(b) After correcting Cash Book Balance

Cash Book (Adjusted) for the month of March 31, 2018
Dr.					Cr.
Date	Particulars	Bank (Rs)	Date	Particulars	Bank (Rs)
2018			2018
Mar.31	Balance b/d	40,000	Mar.31	Bank Charges	100
	Interest on Investments	500		Balance c/d	52,900
	Cheques omitted to enter	12,500
		53,000			53,000

Bank Reconciliation Statement as on March 31,2018
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Adjusted Balance as per the Cash Book	52,900
(i)	Cheque issued but not encashed	10,000
(ii)	Cheques deposited but not cleared		15,000
	Balance as per the Pass Book		47,900
		62,900	62,900