On 1st January 2010, Rakesh had an overdraft of Rs 8,000 as showed by his cash book. Cheques amounting to Rs. 2,000 had been paid in by him but were not collected by the bank in January 1, 2010.
He issued cheques of Rs.800 which were to presented to the bank for payment up to that day. There was a debit om his pass book of Rs. 60 for interest and Rs. 100 for bank charges.
Prepare bank reconciliation statement for comparing both the balance.

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Solution

Bank Reconciliation statement of Mr. Rakesh
as on 1st January, 2010
S. N Particulars Amt.(+) Amt.(-)

i
ii
iii
iv Overdraft as per Cash Book
Cheque sent to the bank for collection but not collected
Cheque isuued but not presented for payment
Bank charges charged by Bank
Interest charged by bank
Overdraft as per Pass Book
800
9,360
10,160 8,000
2,000
100
60
10,160

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S. N	Particulars	Amt.(+)	Amt.(-)
i ii iii iv	Overdraft as per Cash Book Cheque sent to the bank for collection but not collected Cheque isuued but not presented for payment Bank charges charged by Bank Interest charged by bank Overdraft as per Pass Book	800 9,360 10,160	8,000 2,000 100 60 10,160