On 31st March, 2018, the Cash Book of Rohan showed an overdraft of Rs. 5,600.
From the following particulars, prepare Bank reconciliation Staetment:
(i) Cheques issued but not credited before 31st March, 2018 amounted to Rs. 3,964.
(ii) Cheques deposited into the bank but not credited before 31st March, 2018 amounted to Rs. 4,891.
(iii) A Bill Recievable for Rs. 520 previously discounted with the bank had been dishonoured and bank charges debited in the pass book amounted to Rs. 55
(iv) Debit is made in the Pass Book for Rs. 120 on account of interest on overdraft.
(v) The bank has collected interest on investment and credited Rs. 760 in the Pass Book.

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Solution

Bank Reconciliation Statement as on 31st March, 2018
Particulars Plus Items
(Rs.) Minus Items
(Rs.)
Overdraft Balance as per Cash Book (Cr.)
Cheques issued but not presented for payment
Cheques deposited into the bank but not yet credited
Bills receivable dishonoured previously discounted with the bank
Bank charges debited in the pass book
Interest on overdraft charged
Interest on investment collected and credited
Overdraft balance as per Pass Book (Dr.) (Rs. 11,186 - Rs. 4,706)

3,964

$6, 480$
$11, 186$ 5,600
4,891
520
55
120

$11, 186$

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Particulars	Plus Items (Rs.)	Minus Items (Rs.)
Overdraft Balance as per Cash Book (Cr.) Cheques issued but not presented for payment Cheques deposited into the bank but not yet credited Bills receivable dishonoured previously discounted with the bank Bank charges debited in the pass book Interest on overdraft charged Interest on investment collected and credited Overdraft balance as per Pass Book (Dr.) (Rs. 11,186 - Rs. 4,706)	3,964 $6, 480$ $11, 186$	5,600 4,891 520 55 120 $11, 186$