On December 31, 2010, the cash book of Mittal Bros showed on overdraft of Rs.6,920. From the following particulars prepare a Bank Reconciliation Statement and ascertion the balance as per pass book.
i) Debited by bank for Rs. 200 on account of Interest on overdraft and Rs.50 on account of charges for collecting bills.
ii) Cheques drawn but not encashed before December 31, 2010 for Rs.4,000.
iii) The bank has collected interest and credited Rs. 600 in pass book.
iv) A bill receivable for Rs.700 previously discounted with the bank had been dishonoured and debited in the pass book.
v) Cheques paid into bank but not collected and credited before December 31, 2010 amounted Rs.6,000.

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Solution

Bank Reconciliation Statement of Mittal Bros
as on 31st December 2010
S.N Particulars
Amt.(+) Amt.(-)
i
ii
iii
iv
v
Overdraft as per Cash Book
Interest and collection charges (200+50)
Cheque issued but not presented for payment
Interest collected by bank has not credited in cash book
Bill discounted with bank dishonoured
Cheque sent to the bank for collection but not collected and credited by the bank
Overdraft as per Pass Book
4,000
600
9,270
13,870 6,920
250
700
6,000
13,870

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On December 31, 2010, the cash book of Mittal Bros showed an overdraft of Rs. 6,920. From the following particulars, prepare a Bank Reconciliation Statement and ascertain the balance as per pass book.

(i) Debited by the bank for Rs. 200 on account of Interest on overdraft and Rs. 50 on account of charges for collecting bills.

(ii) Cheques were drawn but not encashed before December 31, 2010, for Rs. 4,000.

(iii) The bank has collected interest and has credited Rs. 600 in passbook.

(iv) A bill receivable for Rs. 700 previously discounted with the bank had been dishonoured and debited in the passbook.

(v) Cheques paid into the bank but not collected and credited before December 31, 2010, amounted Rs. 6,000.

On December 31, 2017, the cash book of Mittal Bros. Showed an overdraft of Rs 6,920. From the following particulars prepare a Bank Reconciliation Statement and ascertain the balance as per passbook.

(1)	Debited by bank for Rs 200 on account of Interest on overdraft and Rs 50 on account of charges for collecting bills.
(2)	Cheques drawn but not encashed before December, 31 2017 for Rs 4,000.
(3)	The bank has collected interest and has credited Rs 600 in passbook.
(4)	A bill receivable for Rs 700 previously discounted with the bank had been dishonoured and debited in the passbook.
(5)	Cheques paid into bank but not collected and credited before December 31, 2017 amounted Rs 6,000.

On 31st December, 2016, the cash book of Mittal Bros showed an overdraft of Rs. 6,920. From the following particulars, prepare a bank reconciliation statement and ascertain the balance as per pass book.

(i) Debited by bank Rs. 200 on account of interest on overdraft and Rs. 50 on account of charges for collecting bills.

(ii) cheque drawn but not encashed before 31st December 2016 for Rs. 4,000.

(iii) The bank has collected interest and has credited Rs. 600 in passbook.

(iv) A bill receivable for Rs. 700 previously discounted with the bank, had been dishonoured and debited in the passbook.

(v) Cheque paid into bank but not collected and credited before 31st December 2016 amounted to Rs. 6,000.

Q. Prepare bank reconciliation statement.
i) Overdraft shown as per cash book on December 31, 2010 Rs. 10,000.
ii) Bank charges for the above period also debited in the pass book Rs. 100.
iii) Interest on overdraft for six months ending December 31, 2010, Rs. 380 debited in the pass book.
iv) issued but not incashed prior to December 31, 2010 amounted to Rs. 2,150.
v) Interest on Investment collected by the bank and credited in the pass book, Rs. 600.
vi) Cheques paid into bank but not cleared before December, 31 2010 were Rs. 1,100.

Prepare bank reconciliation statement.

(i) Overdraft is shown as per cash book on December 31, 2010, Rs. 10,000.

(ii) Bank charges for the above period also debited in the passbook, Rs. 100.

(iii) Interest on overdraft for six months ending December 31, 2010, Rs. 380 debited in the passbook.

(iv) Cheques issued but not encashed prior to December 31, 2010, amounted to Rs. 2,150.

(v) Interest on Investment collected by the bank and credited in the passbook, Rs. 600.

(vi) Cheques paid into the bank but not cleared before December 31, 2010, were Rs. 1,100.

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S.N	Particulars	Amt.(+)	Amt.(-)
i ii iii iv v	Overdraft as per Cash Book Interest and collection charges (200+50) Cheque issued but not presented for payment Interest collected by bank has not credited in cash book Bill discounted with bank dishonoured Cheque sent to the bank for collection but not collected and credited by the bank Overdraft as per Pass Book	4,000 600 9,270 13,870	6,920 250 700 6,000 13,870