Question

On 30th June, 2016, the pass book of Nataraj showed a bank overdraft of ₹ 46,000. The following additional information is available. You are required to prepare a bank reconciliation statement as on the above mentioned date:
(i) Out of total cheques issued, cheques for ₹ 22,000 have not been presented for payment so far.
(ii) Cheques paid into bank for collection, but not yet cleared total ₹ 31,000.
(iii) Bank has charged ₹ 2,300 as interest on overdraft; it does not appear in cash book.
(iv) A customer has directly deposited ₹ 8,300 with bank in Nataraj's account for which there is no entry in cash book.
(v) Dividend on shares collected by bank and credited in the pass book amounts to ₹ 2,000 for which no intimation has been given to Nataraj so far.
(vi) A bill for ₹ 10,000 discounted with the bank was dishonoured on maturity. Bank has debited Nataraj with ₹ 10,100 including ₹ 100 for noting charges, the transaction has not yet been recorded in cash book.

Answer 1

Bank Reconciliation Statement as on June 30, 2016
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Debit Balance (Overdraft) as per Pass Book		46,000
	Add: (ii) Cheque deposited but not credited	31,000
	(iii) Bank charges	2,300
	(vi) Discounted B/R dishonoured, noting charges paid	10,100
	Less: (i) Cheque issued but not presented		22,000
	(iv) Direct deposit by customer		8,300
	(v) Dividend collected		2,000
	Credit Balance (Overdraft) as per Cash Book	34,900
		78,300	78,300