Question

From the following particulars, prepare a Bank Reconciliation Statement of Alpha Electronic Motor. Private Ltd. as on 30th September, 2014:
(a) Overdraft on 30th September 2014 as per Pass Book ₹ 10,000.
(b) Cheque deposited in the bank but not recorded in Cash Book ₹ 100.
(c) Cheque received and recorded in the Cash Book but not sent to bank for collection ₹ 1,000.
(d) Several cheques were drawn in the last week of September, totalling ₹ 15,000; of these cheques totalling only ₹ 9,000 were cashed before 30th September.
(e) Similarly, several cheques, totaling ₹ 9,000 were sent for collection; of these cheques of the value of ₹ 1,500 were credited on 5th October and ₹ 2,000 on 7th October, balance being credited before 30th September.
(f) Fees of ₹ 250 was paid directly by the bank but was not recorded in the Cash Book.
(g) In the Cash Book, a bank charge of ₹ 30 was recorded twice while another bank charge of ₹ 50 was not recorded at all.
(h) Interest of ₹ 1,400 was charged by the bank but was not recorded in the Cash Book.

Answer 1

Bank Reconciliation Statement as on September 30, 2014
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Debit Balance (Overdraft) as per Pass Book		10,000
	Add: (c) Cheque received recorded in Cash Book but not sent for collection	1,000
	(e) Cheques deposited but not credited (1,500 + 2,000)	3,500
	(f) Fees paid by bank	250
	(g) Bank charges	50
	(h) Interest on overdraft charged	1,400
	Less: (b) Cheque deposited but not recorded in Cash Book		100
	(d) Cheque issued but not presented (15,000 – 9,000)		6,000
	(g) Bank charges recorded twice in Cash Book		30
	Credit Balance (Overdraft) as per Cash Book	9,930
		16,130	16,130