Question

Prepare Bank Reconciliation Statement from the following particulars on 31st July, 2017:
(i) Balance as per the Pass Book ₹ 50,000.
(ii) Three cheques for ₹ 6,000, ₹ 3,937 and ₹ 1,525 issued in last week of July, 2017 were presented for payment to the bank in August, 2017.
(iii) Two cheques of ₹ 500 and ₹ 650 sent to the bank for collection were not entered in the Pass Book by 31st July, 2017.
(iv) The bank charged ₹ 460 for its commission and allowed interest of ₹ 100 which were not mentioned in the Bank Column of the Cash Book.

Answer 1

Bank Reconciliation Statement as on July 31, 2017
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
(i)	Balance as per the Pass Book	50,000
(ii)	Three Cheques of Rs 6,000, Rs 3,937, Rs 1,525 were issued but not presented for payment in July, 2015		11,462
(iii)	Cheques sent to bank for collection but not entered in the Pass Book	1,150
(iv)	Bank charges not entered in the Cash Book	460
(v)	Bank allowed interest		100
	Balance as per the Cash Book		40,048
		51,610	51,610