Prepare a bank reconciliation statement from the following particulars and show the balance as per cash book.

(i)

Balance as per passbook on March 31, 2017 overdrawn Rs 20,000.

(ii)

Interest on bank overdraft not entered in the cash book Rs 2,000.

(iii)

Rs 200 insurance premium paid by bank has not been entered in the cash book.

(iv)

Cheques drawn in the last week of March, 2017, but not cleared till date for Rs 3,000 and Rs 3,500.

(v)

Cheques deposited into bank on February 2017, but yet to be credited on dated March 31, 2017 Rs 6,000.

(vii)

Wrongly debited by bank Rs 500.

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Solution

Bank Reconciliation Statement as on March 31, 2017

S. No.

Particulars

(+)

Amount

Rs

(–)

Amount

Rs

Overdraft as per the Pass Book

20,000

(i)

Interest on overdraft not credited in the Cash Book

2,000

(ii)

Insurance premium paid by bank not entered in the Cash Book

200

(iii)

Cheques issued but not presented for payment

6,500

(iv)

Cheques deposited but not cleared

6,000

(v)

Amount wrongly debited by bank

500

Overdraft as per the Cash Book

17,800

26,500

26,500

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Similar questions

Prepare a bank reconciliation statement from the following particulars and show the balance as per cash book.

(i) Balance as per pass book on December 31, 2010, overdrawn Rs. 20,000.

(ii) Interest on bank overdraft not entered in the cash book Rs. 2,000.

(iii) Rs. 200 insurance premium paid by the bank has not been entered in the cash book.

(iv) Cheques drawn in the last week of December 2010 were not cleared till date for Rs. 3,000 and Rs. 3,500.

(v) Cheques deposited into the bank on November 2010, but yet to be credited on dated December 31, 2010, Rs. 6,000.

(vi) Wrongly debited by the bank, Rs. 500.

From the following particulars, prepare a, bank reconciliation statement as at March 31, 2017.

(i)	Balance as per cash book Rs 3,200
(ii)	Cheque issued but not presented for payment Rs 1,800
(iii)	Cheque deposited but not collected upto March 31, 2017 Rs 2,000
(iv)	Bank charges debited by bank Rs 150

(i)	Cheques paid into bank prior to March 31, 2017, but not credited for Rs 10,000.
(ii)	Transfer of funds from account No. II to account no. I recorded by the bank on March 31, 2017 but entered in the cash book after that date for Rs 8,000.
(iii)	Cheques issued prior to March 31, 2017 but not presented until after that date for Rs 7,429.
(iv)	Bank charges debited by bank not entered in the cash book for Rs 200.
(v)	Interest Debited by the bank not entered in the cash book Rs 580.
(vi)	Overdraft as per Passbook Rs 18,990.

(i)	Bank charges debited as per passbook 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.
(vii)	Cheques deposited with the bank but not collected Rs 3,500.

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(i)	Balance as per passbook on March 31, 2017 overdrawn Rs 20,000.
(ii)	Interest on bank overdraft not entered in the cash book Rs 2,000.
(iii)	Rs 200 insurance premium paid by bank has not been entered in the cash book.
(iv)	Cheques drawn in the last week of March, 2017, but not cleared till date for Rs 3,000 and Rs 3,500.
(v)	Cheques deposited into bank on February 2017, but yet to be credited on dated March 31, 2017 Rs 6,000.
(vii)	Wrongly debited by bank Rs 500.

Bank Reconciliation Statement as on March 31, 2017
S. No.	Particulars	(+) Amount Rs	(–) Amount Rs
	Overdraft as per the Pass Book		20,000
(i)	Interest on overdraft not credited in the Cash Book	2,000
(ii)	Insurance premium paid by bank not entered in the Cash Book	200
(iii)	Cheques issued but not presented for payment		6,500
(iv)	Cheques deposited but not cleared	6,000
(v)	Amount wrongly debited by bank	500

	Overdraft as per the Cash Book	17,800
		26,500	26,500