Question

From the following particulars make out the Bank Reconciliation Statement as on 31st December 2016.
(a) Pass book showed a credit balance of ₹ 15,000 on 31st December 2016.
(b) Cheques of ₹ 17,500 were issued but cheques of ₹ 12,000 only presented for payment till 31st December.
(c) Cheques of ₹ 10,000 were sent to the bank for Collection. Out of which cheques of ₹ 2,000 were credited in the month of January 2017.
(d) Bank paid ₹ 300 as per standing instructions but no record made in the cash book.
(e) Bank charged interest on overdraft ₹ 800 and it was entered twice in pass book by bank.
(f) ₹ 40 as bank charges not recorded in the cash book.
(g) Bank receives ₹ 200 as interest on debentures, but no information being sent to the customer.

Answer 1

Bank Reconciliation Statement as on Dec 31, 2016
S. No.	Particulars	Plus Items (₹)	Minus Items (₹)
	Balance as per the Pass Book	15,000
	Cheques issued but not presented		5,500
	Cheques not collected	2,000
	Payment made on standing order, not recorded in Cash Book	300
	Interest on overdraft charged twice in Pass Book	800
	Bank charges	40
	Interest received by bank not recorded in Cash Book		200
		18,140	5,700
	Balance as per the Cash Book		12,440
		18,140	18,140