Question

On 31st March, 2018, Bank Pass Book of Naresh & Co. showed an overdraft of ₹ 10,700. From the following particulars, prepare Bank Reconciliation Statement:
(i) Cheques issued before 31st March, 2018 but presented for payment after that date amounted to ₹ 900.
(ii) Cheques paid into the bank but not collected and credited unitl 31st March, 2018 amounted to ₹ 2,200.
(iii) Interest on overdraft amounting to ₹ 1,200 did not appear in the Cash Book.
(iii) ₹ 5,000 being interest on investments collected by the bank and credited in the Pass Book were not shown in the Cash Book.
(iv) Bank charges of ₹ 50 were not entered in the Cash Book.
(v) ₹ 800 in respect of dishonoured cheque were intered in the Pass Book but not in the Cash Book.

Answer 1

Bank Reconciliation Statement as on March 31, 2018
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Overdraft as per the Pass Book		10,700
(i)	Cheque issued in March 2018 but presented after that date		900
(ii)	Cheques deposited but not cleared during March 2018	2,200
(iii)	Interest on Overdraft	1,200
(iv)	Interest on Investment not recorded in the Cash Book		5,000
(v)	Bank Charges	50
(vi)	Amount of bill dishonoured not entered in the Cash Book	800
	Overdraft as per the Cash Book	12,350
		16,600	16,600