Question

On 31st December, 2014, pass book shows debit balance of ₹ 7,500. From the following particulars, prepare a Bank Reconciliation Statement:
(a) Cheques paid in for collection amounted to ₹ 20,600 but cheques of ₹ 7,800 were credited on 3rd January, 2015.
(b) A cheque of ₹ 1,000 debited in cash book was omitted to be banked.
(c) Cheques of ₹ 7,800 were drawn on 27th December of which cheques of ₹ 2,400 were cashed upto 31st December.
(d) A cheque of ₹ 800 was banked and credited, but omitted to be recorded in cash book.
(e) Bank charged interest on Overdraft ₹ 650.

Answer 1

Bank Reconciliation Statement as on December 31, 2014
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Debit Balance (Overdraft) as per Pass Book		7,500
	Add: (a) Cheque deposited but not credited	7,800
	(b) Cheque recorded in Cash Book but not sent for collection	1,000
	(e) Interest on overdraft	650
	Less: (c) Cheque issued but not presented (7,800 – 2,400)		5,400
	(d) Cheque deposited but not recorded in Cash Book		800
	Credit Balance (Overdraft) as per Cash Book	4,250
		13,700	13,700