Ramesh has his account at Punjab National Bank, Delhi. According to his Cash Book, his bank balance on 31st March, 2019 was ₹ 72,950. He sent cheques for ₹ 90,075 to his bank for collection but cheques amounted to ₹ 43,769 were not collected by that date. Out of the cheques issued by him in payment of his debts, cheques for ₹ 29,344 were not presented for payment. Prepare Bank Reconciliation Statement.

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Solution

Bank Reconciliation Statement

as on March 31,2019

S. No.

Particulars

Plus Items

(₹)

Minus Items

(₹)

Balance as per the Cash Book

72,950

(i)

Cheques sent to bank but not yet cleared

43,769

(ii)

Cheques issued but not yet presented for payment

29,344

Balance as per the Pass Book

58,525

1,02,294

1,02,294

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Bank Reconciliation Statement as on March 31,2019
S. No.	Particulars	Plus Items (₹)	Minus Items (₹)
	Balance as per the Cash Book	72,950
(i)	Cheques sent to bank but not yet cleared		43,769
(ii)	Cheques issued but not yet presented for payment	29,344
	Balance as per the Pass Book		58,525
		1,02,294	1,02,294