Question

Prepare Bank Reconciliation Statement from the following particulars as on 31st March, 2018, when Pass Book shows a debit balance of ₹ 2,500:
(i) Cheque issued for ₹ 5,000 but up to 31st March, 2018 only ₹ 3,000 could be cleared.
(ii) Cheques issued for ₹ 1,000 but omitted to be recorded in the Cash Book.
(iii) Cheques deposited for ₹ 5,500 but cheques for ₹ 500 were collected on 4th April 2018.
(iv) A discounted Bill of Exchange dishonoured ₹ 1,000.
(v) A cheque of ₹ 500 debited in Cash Book but omitted to be banked.
(vi) Interest allowed by bank ₹ 200 but no entry was passed in the Cash Book.

Answer 1

Bank Reconciliation Statement as on March 31,2018
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Overdraft as per the Pass Book		2,500
(i)	Cheques issued for Rs 5,000 but cheques of Rs 3,000 cleared till March 31		2,000
(ii)	Cheque issued but not entered in the Cash Book	1,000
(iii)	Cheque deposited but cleared in April	500
(iv)	Bill dishonoured	1,000
(v)	Cheque entered in the Cash Book but not deposited	500
(vi)	Interest allowed not recorded in the Cash Book		200
	Overdraft as per the Cash Book	1,700
		4,700	4,700