Question

On checking the Bank Pass Book it was found that it showed an overdraft of ₹ 5,220 as on 31st March, 2018, while as per Ledger it was different. The following differences were noted:
(i) Cheques deposited but not yet credited by the bank ₹ 6,000.
(ii) Cheques dishonoured and debited by the bank but not given effect to it in the Ledger ₹ 800.
(iii) Bank charges debited by the bank but Debit Memo not received from the bank ₹ 50.
(iv) Interest on overdraft excess credited in the Ledger ₹ 200.
(v) Wrongly credited by the 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 March 31, 2018
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Overdraft as per the Pass Book		5,220
(i)	Cheques deposited but not cleared	6,000
(ii)	Cheques dishonoured not entered in the Cash Book	800
(iii)	Bank Charges	50
(iv)	Interest on Overdraft excess credited in the Cash Book		200
(v)	Amount wrongly credited in the Pass Book		900
(vi)	Cheques issued but not presented for payment		400
	Balance as per the Cash Book		130
		6,850	6,850