Question

On 31st January, 2017 the Pass Book of Shri M.L. Gupta shows a debit balance of ₹ 41,000. Prepare a bank reconciliation statement from the following particulars:-
1. Cheques amounting to ₹ 15,600 were drawn on 27th January, 2017. Out of which cheques for ₹ 11,000 were encashed up to 31-1-2017.
2. A wrong debit of ₹ 800 has been given by the bank in the Pass Book.
3. A cheque for ₹ 200 was credited in the Pass Book but was not recorded in the Cash Book.
4. Cheques amounting to ₹ 21,000 were deposited for collection. But out of these, cheques for ₹ 7,400 have been credited in the Pass Book on 5th February, 2017.
5. A cheque for ₹ 1,000 was returned dishonoured by the bank and was debited in the Pass Book only.
6. Interest on overdraft and bank charges amounting to ₹ 100 were not entered in the Cash Book.
7. A cheque of ₹ 500 debited in the Cash Book omitted to be banked.

Answer 1

Bank Reconciliation Statement as on January 31, 2017
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Debit Balance (Overdraft) as per Pass Book		41,000
	Add: 2. Wrong debit in Pass Book	800
	4. Cheques deposited but not credited	7,400
	5. Cheque dishonoured by Bank	1,000
	6. Interest on Overdraft charged by Bank	100
	7. Cheque recorded in cash book but not sent to bank	500
	Less: 1. Cheque issued but not presented (15,600 – 11,000)		4,600
	3. Cheque credited in Pass Book but not recorded in Cash Book		200
	Credit Balance (Overdraft) as per Cash Book	36,000
		45,800	45,800