Question

On 30th June, 2014, the bank column of Mohan Kapoor's Cash Book showed a debit balance of ₹ 12,000. On checking the Cash Book with bank statement you find that:-
1. Cheques paid into Bank ₹ 8,000, but out of these only cheques of ₹ 6,500 were cleared and credited by the Bankers upto 30th June.
2. Cheques of ₹ 9,200 were issued but out of these only cheques of ₹ 7,000 were presented for payment upto 30th June.
3. The receipt column of the Cash Book has been undercast by ₹ 200.
4. The Pass Book shows a credit of ₹ 330 as interest on investments collected by bankers and debit of ₹ 60 for bank charges.
5. On 29th June a Customer deposited ₹ 3,000 direct in the bank account but it was entered only in the Pass Book.
Prepare a Bank Reconciliation Statement.

Answer 1

Bank Reconciliation Statement as on June 30, 2014
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Debit Balance as per Cash Book	12,000
	Add: 2. Cheques issued but not presented (9,200 – 7,000)	2,200
	3. Receipt column of Cash Book was undercasted	200
	4. Interest on investment collected by Bank	330
	5. Amount directly deposited by Customer	3,000
	Less: 1. Cheques deposited but not credited (8,000 – 6,500)		1,500
	4. Bank Charges		60
	Credit Balance as per Pass Book		16,170
		17,730	17,730