Question

My bank Pass Book showed an overdraft of ₹ 6,500 on 31st March, 2017. This does not agree with the Cash Book balance. From the following particulars ascertain the Cash Book balance:-

Cheques amounting to ₹ 15,000 were paid into bank in March, out of which, it appears, only cheques amounting to ₹ 4,500 were credited by bank. Cheques issued during March amounted in all to ₹ 11,000. Out of these cheques for ₹ 3,000 were unpaid on 31st March, 2017. The Pass Book stands debited with ₹ 150 for interest and with ₹ 30 for bank charges. The bank had paid the annual subscription of ₹ 100 to my club according to my instructions. The entries for interest, bank charges and subscription have not yet been made in Cash Book.

Answer 1

Bank Reconciliation Statement as on March 31, 2017
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Debit Balance (Overdraft) as per Pass Book		6,500
	Add: Cheques deposited but not credited (15,000 – 4,500)	10,500
	Bank charged interest	150
	Bank Charges	30
	Subscription paid by Bank as per standing instructions	100
	Less: Cheques issued but not presented for payment		3,000
	Debit Balance as per Cash Book		1,280
		10,780	10,780