Question

Prepare a Bank Reconciliation Statement on 31 March 2004 for the following when debit balance of pass book is Rs.2,500:

(1) Cheques issued, but not presented for payment Rs.2,000.

(2) Cheques issued, but omitted to be record in Cash Book Rs.1,000.

(3) Cheque deposited but not collected Rs.500.

(4) A discounted bill of exchange dishonoured Rs.1,000.

(5) Interest on overdraft Rs.100.

Answer 1

Bank Reconciliation Statement

$\begin{array}{ccc}\text{Particulars}& \text{Detail}& \text{Dertail}\\ & \text{Amount}& \text{Amount}\\ & Rs.& Rs.\\ \text{Balance as per passbook (overdraft)}& & 2,500\\ \text{Add:}\text{Cheque issued but not presented}& & \underset{–}{2,000}\\ & & 4,500\\ \text{Less: Cheque issued but omitted to be recorded in cash book}& 1,000& \\ \text{Cheque deposited but not cleared}& 500& \\ \text{A discount bill of exchange dishonoured}& 1,000& \\ \text{interest on Overdraft}& \underset{–}{100}& \underset{–}{2,600}\\ & & \\ \text{Balance as per cash book (overdraft)}& & 1,900\end{array}$