Question

On 30th June 2014 Pass Book showed a balance of ₹ 5,200. Prepare Bank Reconciliation Statement from the following particulars:-
I. Out of total cheques amounting to ₹ 16,000 deposited, cheques amounting to ₹ 9,000 were credited in June 2014, Cheques amounting to ₹ 3,000 were credited in July 2014, and the rest have not been collected so far.
II. Out of total cheques amounting to ₹ 45,000 drawn, cheques amounting to ₹ 7,500 were presented in June 2014, Cheques amounting to ₹ 18,000 were presented in July 2014, and the rest have not been presented so far.
III. Amount wrongly credited by bank ₹ 3,400.
IV. Payment side of the Cash Book has been undercast by ₹ 200.
V. Cheques recorded in the Cash Book in June 2014 but sent to bank in July 2014 ₹ 2,500.
VI. A cheque of ₹ 20,000 deposited in the bank has been dishonoured but no intimation was received till June 2014.

Answer 1

Bank Reconciliation Statement as on June 30, 2014
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Credit Balance as per Pass Book	5,200
	Add: I. Cheque deposited but not credited (16,000 – 9,000)	7,000
	IV. Payment side of Cash Book was undercasted	200
	V. Cheque recorded in cash book but not sent to bank	2,500
	VI. Cheque dishonoured by Bank	20,000
	Less: II. Cheque issued but not presented for payment (45,000 – 7,500)		37,500
	III. Amount wrongly credited by Bank		3,400
	Credit Balance (Overdraft) as per Cash Book	6,000
		40,900	40,900