Question

On 31st March, 2015 the Pass Book shows a credit balance of ₹ 9,000. Prepare a Bank Reconciliation Statement from the following particulars:-

	₹
1. Cheques issued but not yet presented for payment	7,000
2. Cheques issued but omitted to be recorded in the Cash Book	3,800
3. Cheques paid into bank but not yet collected by the bank	2,600
4. Premium on Life Policy paid by the bank on standing advice	360
5. Payments received from customers direct by the bank	2,000

Answer 1

Bank Reconciliation Statement as on March 31, 2015
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Credit Balance as per Pass Book	9,000
	Add: 2. Cheque issued but omitted to be recorded in Cash Book	3,800
	3. Cheque deposited but not credited	2,600
	4. Life insurance premium paid as per standing instructions	360
	Less: 1. Cheque issued but not presented for payment		7,000
	5. Direct deposit by Customer		2,000
	Debit Balance as per Cash Book		6,760
		15,760	15,760