Question

Prepare Bank Reconciliation Statement from the following particulars on June 30, 2016:
Bank Statement showed a favourable balance of ₹ 9,214.
(a) On 29th June, the bank credited the sum of ₹ 1,650 in error.
(b) Certain cheques, valued at ₹ 4,500 issued before June 30, were not cleared.
(c) A hire purchase payment of ₹ 950, made by a standing order was not entered in the cash book.
(d) A cheque of ₹ 600 received, deposited and credited by bank, was accounted as a receipt in the cash column of the cash book.
(e) Other cheques for ₹ 8,500 were deposited in June but cheques for ₹ 6,000 only were cleared by the bankers.

Answer 1

Bank Reconciliation Statement as on June 30, 2016
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Credit Balance as per Pass Book	9,214
	Add: (c) Hire purchase payment made by Bank	950
	(e) Cheque deposited but not credited (8,500 – 6,000)	2,500
	Less: (a) Amount wrongly credited by Bank		1,650
	(b) Cheque issued but not presented for payment		4,500
	(d) Cheque credited by Bank		600
	Debit Balance as per Cash Book		5,914
		12,664	12,664