Question

On checking the Bank Pass Book it was found that it showed an overdraft of ₹ 5,220 as on 31.12.2014, while as per Ledger it was different to Bank Debit. The following differences were noted:
(i) Cheques deposited but not yet credited by bank ₹ 6,000.
(ii) Cheques dishonoured and debited by bank but not given effect to it in the Ledger ₹ 800.
(iii) Bank charges debited by bank but Debit Memo not received from bank ₹ 50.
(iv) Interest on overdraft excess credited in the Ledger ₹ 200.
(v) Wrongly credited by bank to account, deposit of some other party ₹ 900.
(vi) Cheques issued but not presented for payment ₹ 400.

Answer 1

Bank Reconciliation Statement as on December 31, 2014
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Debit Balance (Overdraft) as per Pass Book		5,220
	Add: (i) Cheque deposited but not credited	6,000
	(ii) Cheque deposited and dishonoured	800
	(iii) Bank charges	50
	Less: (iv) Interest on overdraft excess credited in ledger		200
	(v) Amount wrongly credited by bank		900
	(vi) Cheques issued but not presented for payment		400
	Debit Balance as per Cash Book		130
		6,850	6,850