Question

On 31st March, 2019 the Cash Book of Gopal disclosed a balance of ₹ 12,580. On checking entries in the Cash Book with the bank statement, it was ascertained that:
(i) Cheques amounting to ₹ 18,000 were drawn on 25th March, of which cheques of ₹ 4,800 were cashed before 31st March.
(ii) Cheques for ₹ 18,000 were sent for collection out of which cheques for ₹ 8,200 were credit by bank after 31st March.
(iii) An amount of ₹ 5,000 paid directly into the merchant's account by a customer was not entered in the Cash Book.
(iv) On 31st March, cash was deposited into the bank ₹ 12,720 but the cashier debited the bank account with ₹ 12,270 by mistake.
(v) Dividend collected by bank on our behalf ₹ 570 does not appear in the Cash Book.
(vi) ₹ 300 is entered in the bank statement as bank charges. This was recorded as ₹ 200 in the cash book.
You are required:
(i) to prepare the Amended Cash Book, and
(ii) then prepare a Bank Reconciliation Statement.

Answer 1

Adjusted Cash Book (Bank Column only) as on March 31, 2019
Dr.									Cr.
Date		Particulars	J.F.	Amount (₹)	Date	Particulars	J.F.	Amount (₹)
		Balance b/d		12,580	(vii)	Bank Charges		100
(v)		Cheques deposited undercasted (12,720 – 12,270)		450		Balance c/d		18,500
(iii)		Customer’s A/c (Direct deposit by customer)		5,000
(vi)		Dividend		570
				18,600				18,600

Bank Reconciliation Statement as on March 31, 2019
S. No.	Particulars	Plus Items (₹)	Minus Items (₹)
	Debit Balance as per Amended Cash Book	18,500
	Add: (i) Cheque issued but not presented (18,000 – 4,800)	13,200
	Less: (ii) Cheque deposited but not credited		8,200
	Credit Balance as per Pass Book		23,500
		31,700	31,700