Prepare Bank Reconciliation Statement as on 30th September- 2016 from the following particulars- 0i Bank Balance as per Pass Book- Book-ii Cheque deposited into bank but no Was passed Cash entry in in not Cash Book but not sent to bank-iii Cheque received and entered toiv Insurance premium paid directly by the bank- in Book- Cashv Bank charges entered twice in the 1-200800201-0005-000 in Book-vi Cheque received entered twice Cashinvii Bill discounted dishonoured not recorded in the cash book-

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Question

Prepare Bank Reconciliation Statement as on 30th September, 2016 from the following particulars:

₹

(i) Bank Balance as per Pass Book. 10,000

(ii) Cheque deposited into bank but no entry was passed in Cash Book. 500

(iii) Cheque received and entered in Cash Book but not sent to bank. 1,200

(iv) Insurance premium paid directly by the bank. 800

(v) Bank charges entered twice in the Cash Book. 20

(vi) Cheque received entered twice in Cash Book. 1,000

(vii) Bill discounted dishonoured not recorded in the cash book. 5,000

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Solution

Bank Reconciliation Statement

as on September 30, 2016

S. No.

Particulars

Plus Items

(Rs)

Minus Items

(Rs)

(i)

Balance as per the Pass Book

10,000

(ii)

Cheque deposited but not entered in the Cash Book

500

(iii)

Cheque entered in the Cash Book but not sent to bank

1,200

(iv)

Insurance premium paid directly by bank

800

(v)

Bank Charges entered twice in the Cash Book

20

(vi)

Cheque received entered twice in the Cash Book

1,000

(vii)

Bill discounted dishonoured not entered in the Cash Book

5,000

Balance as per the Cash Book

17,480

18,000

18,000

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Q. Prepare Bank Reconciliation Statement as on 31st March, 2019 from the following particulars:

		₹
(i)	Bank balance as per Pass Book.	10,000
(ii)	Cheque deposited into the Bank, but no entry was passed in the Cash Book.	500
(iii)	Cheque received and entered in the Cash Book but not sent to bank.	1,200
(iv)	Credit side of the Cash Book bank column cast short.	200
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(vi)	Bank charges entered twice in the Cash Book.	20
(vii)	Cheque issued but not presented to the bank for payment.	500
(viii)	Cheque received entered twice in the Cash Book.	1,000
(ix)	Bill discounted dishonoured not recorded in the Cash Book.	5,000
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Q. Prepare Bank Reconciliation Statement as on 31st March, 2018 from the following particulars:

		₹
(i)	Bank balancle as per Pass Book.	10,000
(ii)	Cheque depisited into the Bank, but no entry was passed in the Cash Book.	500
(iii)	Cheque redceived and entered in the Cash Book but not sent to bank.	1,200
(iv)	Credit side of the Cash Book bank column cast short.	200
(v)	Insurance premium paid directly by the bank under the standing advice.	600
(vi)	Bank charges entered twice in the Cash Book.	20
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Q. From the following particulars, find out corrected bank balance as per Cash Book and thereafter prepare a Bank Reconciliation Statement as on 31st March, 2019 of a sole proprietor:

		₹
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(ii)	Cheques deposited as per the bank statement but not entered in the Cash Book.	3,000
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(iv)	Credit side of bank column casted short.	1,000
(v)	Bank charges recorded twice in the Cash Book.	100
(vi)	Customer's cheque returned as per the Bank Statement.	4,000
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(ix)	Cheque received entered twice in the Cash Book.	5,000

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:
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(ii) Cheque received and entered into the Cash Book but was not sent to bank. Rs. 10,000.
(iii) Credit side of the Bank column casted short by Rs. 1,000
(iv) Insurance premium paid directly by the bank under standing instructions was not recorded in the Cash Book. Rs. 5,000
(v) Bank charges entered in the Cash book twice. Rs. 100
(vi) Cheque 'received' returned on technical grounds but entry was not passed. Rs. 4,000
(vii) Cheque 'issued' returned on technical grounds but entry was not passed. Rs. 3,000
(viii) Bill discounted dishonoured. Rs. 40,000
(ix) Bills Recievable directly collected by the bank. Rs. 20,000
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.

Prepare a bank reconciliation statement as on 30th September 2016 from the following particulars.

$\begin{matrix} Amt (Rs.) (i) & Bank balance as per passbook & 10, 000 (i i) & Cheque deposited into the bank but no entry was passed in the cash book & 500 (i i i) & Cheque received and entered in the cash book but not sent to bank & 1, 200 (i v) & Credit side of the cash book bank column cast short & 200 (v) & Insurance premium paid directly by the bank under the standing advice & 600 (v i) & Bank charges entered twice in the cash book & 20 (v i i) & Cheque issued but not presented to the bank for payment & 500 (v i i i) & Cheque received entered twice in the cash book & 1, 000 (i x) & Bill discounted dishonoured, not recorded in the cash book & 5, 000 \end{matrix}$

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	₹
(i) Bank Balance as per Pass Book.	10,000
(ii) Cheque deposited into bank but no entry was passed in Cash Book.	500
(iii) Cheque received and entered in Cash Book but not sent to bank.	1,200
(iv) Insurance premium paid directly by the bank.	800
(v) Bank charges entered twice in the Cash Book.	20
(vi) Cheque received entered twice in Cash Book.	1,000
(vii) Bill discounted dishonoured not recorded in the cash book.	5,000

Bank Reconciliation Statement as on September 30, 2016
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
(i)	Balance as per the Pass Book	10,000
(ii)	Cheque deposited but not entered in the Cash Book		500
(iii)	Cheque entered in the Cash Book but not sent to bank	1,200
(iv)	Insurance premium paid directly by bank	800
(v)	Bank Charges entered twice in the Cash Book		20
(vi)	Cheque received entered twice in the Cash Book	1,000
(vii)	Bill discounted dishonoured not entered in the Cash Book	5,000
	Balance as per the Cash Book		17,480
		18,000	18,000