Question

Prepare bank reconciliation statement of Shri Bhandari as on December 31, 2010

(i) The Payment of a cheque for Rs. 550 was recorded twice in the passbook.

(ii) Withdrawal column of the passbook undercast by Rs. 200.

(iii) A cheque of Rs. 200 has been debited in the bank column of the cash book but it was not sent to the bank at all.

(iv) A cheque of Rs. 300 debited to bank column of the cash book was not sent to the bank.

(v) Rs. 500 in respect of dishonoured cheque were entered in the pass book but not in the cash book.

Overdraft as per pass book is Rs. 20,000.

Answer 1

$\begin{array}{ccc}& \text{Bank Reconciliation Statement of Shri Bhandari}& \\ & \text{as on December 31, 2005}& \end{array}$

$\begin{array}{cccc}S.N.& Particulars& Amt.(+)& Amt.(-)\\ & \text{Overdraft as per the Pass Book}& & 20,000\\ \text{(i)}& \text{Payment of cheque twice debited in the pass book}& 550& \\ \text{(ii)}& \text{Withdrawal column of the pass book undercast}& & 200\\ \text{(iii)}& \text{Cheque debited in the cash book but not deposited in}& 200& \\ & \text{the bank}& & \\ \text{(iv)}& \text{Cheque added in the cash book but not deposited in}& 300& \\ & \text{the bank}& & \\ \text{(v)}& \text{Cheque dishonoured}& 500& \\ & \text{Overdraft as per the Cash Book}& 18,650& \\ & & \overline{\underset{–}{20,200}}& \overline{\underset{–}{20,200}}\end{array}$