(i) On 31st March, 2018, the bank pass book of Radh showed a credit balance of Rs. 15,000.
(ii) Before that date, she had issued cheques amounting to RS. 8,000 out of which cheques Rs. 3,200 were presented for payment.
(iii) A cheque of Rs. 2,200 deposited by her into the bank on 26th March, 2018 is not yet credited in the pass book.
(iv) She had also received a cheque of Rs. 500 which although entered by her in ther bank column of Cash Book, was omitted to be paid into the bank.
(v) On 30th March, 2018, a cheque of Rs. 1,570 received by her was paid into the bank but the same was omitted to be entered in the cash book.
(vi) There was a credit of Rs. 150 for interest on Current account and a debit of Rs. 25 for bank charges.
Prepare Bank Reconciliation Staement.

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Solution

Bank Reconciliation Statement as on 31st March, 2018
Particulars Amount
Details (Rs.) Amount (Rs.)
Balance as per pass book (Cr.)
Add: Cheque deposited but not yet cleared
Cheque recorded in Cash Book but not deposited
Bank charges debited by bank
Less: Cheque issued but not yet presented for payment
Cheque deposited into Bank but not recorded in Cash Book
Interest credited by bank
Balance as per Cash Book (Dr.)
2,200
500
25
4,800
1,570
150 15,000
2,725
$17, 725$
6,520
$11, 205$

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Similar questions

(i) On 31st March, 2016 the bank passbook of Radha showed a balance of Rs. 15,000 to her credit.

(ii) Before that date, she had issued cheques amounting to Rs. 8,000 out of which cheques amounting to Rs. 3,200 have so far been presented for payment.

(iii) A cheque of Rs. 2,200 deposited by her into the bank on 26th March, 2016 is not yet credited in the passbook.

(iv) She had also received a cheque of Rs. 500 which although entered by her in the bank column of cash book, was omitted to be paid into the bank.

(v) On 30th March, 2016 a cheque of Rs. 1,570 received by her was paid into bank but the same was omitted to be entered in the cash book.

(vi) There was a credit of Rs. 150 for interest on current account and a debit of Rs. 25 for bank charges.

Draw up a bank reconciliation statement

Q. On 31st March 2015 your bank Pass Book showed a balance of ₹ 6,000 to your credit. Before that date you had issued cheques amounting to ₹ 1,500 of which cheques worth ₹ 900 only have been presented. You also deposited cheques worth ₹ 2,000 of which cheque of ₹ 800 paid by you into bank on 29th March is not yet credited in Pass Book. You had also received a cheque for ₹ 160 which although entered by you in the bank column of the Cash Book, was omitted to be paid into the bank. On 31st March a cheque of ₹ 250 received by you was paid into the bank but the same was omitted to be entered in the cash book. There was a credit of ₹ 85 for interest on current account and debit of ₹ 10 for bank charges. Draw up a Reconciliation Statement showing adjustment between your Cash Book and pass book.

Q. From the following information, prepare Bank Reconciliation Statement as on 31st March, 2018:
(i) Balance (Debit) as per Cash Book as on 31st March, 2018 Rs. 12,000.
(ii) Balance (Credit) as per Bank Statement as on the date Rs. 16,500.
(iii) Out of the total cheques issued amounting to Rs. 10,000, cheques of Rs. 3,000 were debited by Bank in March, 2018, cheques of RS. 4,000 were debited in april, 2018 and the rest have not been presented yet.
(iv) Out of the total cheques eddeposited amounting to Rs. 5,000, cheques of Rs. 1,500 were credited by bank in March, 2018, and balance cheques were credited in April,2018.
(v) Bank had debited Rs. 100 as bank charges and had credited Rs. 200 as interest.
(vi) A cheque paid to S Ltd. for Rs. 3,400 had been entered in the Cash Book as Rs. 4,300.

Q. Prepare Bank Reconciliation Statement from the following particulars as on 31st March, 2018.
Bank Statement showed favourable balance of Rs. 9,214.
(i) On 29th March, 2018 bank credited a sum of Rs. 1,650 in error.
(ii) Certain cheques valued at Rs. 4,500 issued before 29th March, 2018 were not cleared.
(iii) A hire purchase payment of Rs. 950, made by standing order was not entered in the cash book.
(iv) A cheque of Rs. 600 received, deposited and credited by bank, was accounted as a receipt in the cash column of the cash book.
(v) Other cheques for Rs. 8,500 were deposited in the last week of March but cheques of Rs. 6,000 only were collected by the bank.

Q. On 31st March, 2018 Pass Bok of Shri Rajendra shows a debit of Rs. 10,000. From the following, prepare bank Reconciliation statement.
(i) Cheques amounting to Rs. 8,000 drawn on 25th March, 2018 of which cheques of Rs. 5,000 were encashed on 2nd April, 2018.
(ii) Cheques paid into the bank for collection Rs. 5,000 but cheques of Rs. 2,200 could only be collected in March, 2018.
(iii) Bank charges Rs. 25 and dividend of Rs. 350 on investments collected by the bank could not be shown in the cash book.
(iv) A bill of Rs.10,000 was retired by the bank under rebate of Rs. 150 but the full amount was credited in the cash book.

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Particulars	Amount Details (Rs.)	Amount (Rs.)
Balance as per pass book (Cr.) Add: Cheque deposited but not yet cleared Cheque recorded in Cash Book but not deposited Bank charges debited by bank Less: Cheque issued but not yet presented for payment Cheque deposited into Bank but not recorded in Cash Book Interest credited by bank Balance as per Cash Book (Dr.)	2,200 500 25 4,800 1,570 150	15,000 2,725 $17, 725$ 6,520 $11, 205$