Question

Prepare the Bank Reconciliation Statement from the following particulars for the period ending 31st December, 2012.
(a) Overdraft as per Pass Book on 31-12-2012 ₹ 7,600.
(b) Cheques deposited but not collected by the bank ₹ 8,560.
(c) Incidental charges not recorded in Cash Book ₹ 80.
(d) Cheques were issued for ₹ 7,800 but only ₹ 4,400 were presented for payment.
(e) Insurance premium paid by bank not recorded in the Cash Book ₹ 4,200.
(f) On 31st December, 2012 cash was deposited in bank ₹ 385 but the cashier debited the bank column with ₹ 485 by mistake.

Answer 1

Bank Reconciliation Statement as on December 31, 2012
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Debit Balance (Overdraft) as per Pass Book		7,600
	Add: (b) Cheque deposited but not collected	8,560
	(c) Incidental charges paid by Bank	80
	(e) Insurance premium paid by Bank	4,200
	(f) Amount wrongly entered in Cash Book (485 – 385)	100
	Less: (d) Cheque issued but not presented for payment		3,400
	Debit Balance as per Cash Book		1,940
		12,940	12,940