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 deposited for ₹ 5,500 but cheques of ₹ 500 were collected on 10th April, 2018.
(iii) A discounted Bill of Exchange dishonoured ₹ 2,000.
(iv) A cheque of ₹ 300 debited in Cash Book but omitted to be banked.
(v) Interest allowed by bank ₹ 400 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)
	Debit balance as per the Pass Book		2,500
(i)	Cheques issued but not presented in March		2,000
(ii)	Cheque deposited in March but cleared in April	500
(iii)	Bill dishonoured was not entered in the Cash Book	2,000
(iv)	Cheque debited in the Cash book but not deposited into bank	300
(v)	Interest allowed by bank but was not entered in the Cash Book		400
	Overdraft as per the Cash Book	2,100
		4,900	4,900