Prepare a Bank Reconciliation Statement as on 30^thJune 2011 from the following details-
(i) Pass Book shows an overdraft of Rs 6,000
(ii) Bills Receivable amounting to Rs 3,500 discounted with the Bank, later dishonored, but not recorded in the Cash Book due to lack of information.
(iii) Cheques deposited into the Bank but not realized Rs 15,000
(iv) Cheques amounting to Rs 2,500 issued but not debited by Bank.
(v) Total of Cash Book debit side Bank column was short by Rs 560.
(vi) Transferred Rs 4,000 from current Account of fixed Deposit Account was not recorded in the Cash Book
(vii) Our customer directly deposited Rs 4,500 in our Bank A/c

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Solution

Bank Reconciliation Statement

as on June 30,2011

S. No.

Particulars

Amount (Rs)

Amount

(Rs)

Bank Balance as per Pass Book (Dr.)

(6,000)

Add:

Bills Receivable discounted with the bank, dishonoured.

3,500

Cheque deposited into bank but not realized.

15,000

Amount Transferred from current account to fixed account and not recorded in the cash book.

4,000

22,500

16,500

Less:

Cheque issued but not debited by the bank.

2,500

Debit side of Cash book debit under cast.

560

Customer directly deposited in our bank.

4,500

7,560

Balance as per Cash Book (Cr.)

8,940

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Prepare Bank Reconciliation Statement as on 31st January 2011 from the following details.
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(iii) Bank commission Rs 75 debited in the Pass Book only.
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Q. The Bank Column of Mukesh's Cash Book as on 31st March, 2018 showed an overdraft of Rs. 1,80,000. His Bank Statement Showed an overdraft of Rs. 1,13,900. Prepare Bank Reconciliation Statement taking the following into account:
(i) Cheque deposited into bank but entry is not passed in the Cash Book. Rs. 3000.
(ii) Cheque received and entered into the Cash Book but was not sent to bank. Rs. 10,000.
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(vi) Cheque 'received' returned on technical grounds but entry was not passed. Rs. 4,000
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An amount of Rs. 1,00,000 being collection of Mahesh's cheque was wrongly credited to the account of Mukesh by the bank in his bank statement.

Overdraft shown by the pass book of Mr Murli is Rs. 20,000. Prepare bank reconciliation statement on dated December 31, 2010.

(i) Bank charges debited as per pass book, Rs. 500,

(ii) Cheques recorded in the cash book but not sent to the bank for collection, Rs. 2,500.

(iii) Received a payment directly from a customer, Rs. 4,600.

(iv) Cheque issued but not presented for payment, Rs. 6,980.

(v) Interest credited by the bank, Rs. 100.

(vi) LIC paid by the bank, Rs. 2,500.

(vii) Cheques deposited with the bank but not collected, Rs. 3,500.

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i) Bank charges debited as per pass book, Rs. 500
ii) Cheques recorded in the cash book but not sent to the bank for collection, Rs.2,500.
iii) Received a payment directly from customer, Rs. 4,600.
iv) Cheque issued but not presented for payment. Rs. 6,980.
v) Interest credited by the bank, Rs.100.
vi) LIC paid by bank, Rs.2,500.
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Q. From the following particulars a Bank Reconciliation Statement for the year ending on 31^stMarch 2011

(i) Bank balance as per Cash Book Rs 8,600
(ii) Cheques of Rs 4,000 issued but not presented for payment
(iii) Bank debited bank charges Rs 200
(iv) Cheque of Rs 2,800 deposited into the Bank but not Credited by Bank
(v) Bank paid Insurance Premium on our behalf directly Rs 2,500 not recorded in the Cash Book.
(vi) Bank Credited interest on investment Rs 1,900 but not recorded in the Cash Book.

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Bank Reconciliation Statement as on June 30,2011
S. No.	Particulars	Amount (Rs)	Amount (Rs)
	Bank Balance as per Pass Book (Dr.)		(6,000)
	Add:
	Bills Receivable discounted with the bank, dishonoured.	3,500
	Cheque deposited into bank but not realized.	15,000
	Amount Transferred from current account to fixed account and not recorded in the cash book.	4,000	22,500
			16,500
	Less:
	Cheque issued but not debited by the bank.	2,500
	Debit side of Cash book debit under cast.	560
	Customer directly deposited in our bank.	4,500	7,560
	Balance as per Cash Book (Cr.)		8,940