The Bank Column of Mukesh's Cash Book as on 31st March, 2018 showed an overdraft of Rs. 1,80,000. His Bank Statement Showed an overdraft of Rs. 1,13,900. Prepare Bank Reconciliation Statement taking the following into account:
(i) Cheque deposited into bank but entry is not passed in the Cash Book. Rs. 3000.
(ii) Cheque received and entered into the Cash Book but was not sent to bank. Rs. 10,000.
(iii) Credit side of the Bank column casted short by Rs. 1,000
(iv) Insurance premium paid directly by the bank under standing instructions was not recorded in the Cash Book. Rs. 5,000
(v) Bank charges entered in the Cash book twice. Rs. 100
(vi) Cheque 'received' returned on technical grounds but entry was not passed. Rs. 4,000
(vii) Cheque 'issued' returned on technical grounds but entry was not passed. Rs. 3,000
(viii) Bill discounted dishonoured. Rs. 40,000
(ix) Bills Recievable directly collected by the bank. Rs. 20,000
An amount of Rs. 1,00,000 being collection of Mahesh's cheque was wrongly credited to the account of Mukesh by the bank in his bank statement.

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Solution

Bank Reconciliation Statement as on 31st March, 2018
Particulars Amount
Details (Rs.) Amount (Rs.)
Overdraft as per Cash Book (Cr.)
Add: Cheque received and recorded in the Cash Book but not sent to the bank
Credit side of the bank column casted short
Insurance premium paid directly by the bank
Cheque received returned by the bank
Bills discounted dishonoured
Less: Cheque deposited into the bank but no entry was passed in the cash book
Bank Charges entered twice in the Cash Book
Cheque 'issued' returned on technical grounds
Bills receivable directly collected by the bank
Wrong credit given to Mukesh by bank
Overdraft as per bank Statement (Dr.)
10,000
1,000
5,000
4,000
40,000
3,000
100
3,000
20,000
1,00,000 1,80,000

60,000
$2, 40, 000$

1,26,100
$1, 13, 900$

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Q. Prepare Bank Reconciliation Statement as on 31st March, 2019 from the following particulars:

		₹
(i)	Bank balance as per Pass Book.	10,000
(ii)	Cheque deposited into the Bank, but no entry was passed in the Cash Book.	500
(iii)	Cheque received and entered in the Cash Book but not sent to bank.	1,200
(iv)	Credit side of the Cash Book bank column cast short.	200
(v)	Insurance premium paid directly by the bank under the standing advice.	600
(vi)	Bank charges entered twice in the Cash Book.	20
(vii)	Cheque issued but not presented to the bank for payment.	500
(viii)	Cheque received entered twice in the Cash Book.	1,000
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Q. Prepare Bank Reconciliation Statement as on 30th September, 2016 from the following particulars:

	₹
(i) Bank Balance as per Pass Book.	10,000
(ii) Cheque deposited into bank but no entry was passed in Cash Book.	500
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(iv) Insurance premium paid directly by the bank.	800
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Q. Prepare Bank Reconciliation Statement as on 31st March, 2018 from the following particulars:

		₹
(i)	Bank balancle as per Pass Book.	10,000
(ii)	Cheque depisited into the Bank, but no entry was passed in the Cash Book.	500
(iii)	Cheque redceived and entered in the Cash Book but not sent to bank.	1,200
(iv)	Credit side of the Cash Book bank column cast short.	200
(v)	Insurance premium paid directly by the bank under the standing advice.	600
(vi)	Bank charges entered twice in the Cash Book.	20
(vii)	Cheque issued but not presented to the bank for payment.	500
(viii)	Cheque received entered twice in the Cash Book.	1,000
(ix)	Bill discounted dishonoured not recorded in the Cash Book.	5,000
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Prepare a bank reconciliation statement from the following information:
1. Overdraft balance as per cash book is Rs. 1,20,000.
2. Cheque deposited Rs. 30,000 but no entry was passed in cash book.
3. Bill discounted dishonoured for Rs. 20,000.
4. Bank charges of Rs. 50 entered in cash book twice.

Prepare a Bank Reconciliation Statement on 31st December 2009 for the following when overdraft as per pass book is Rs.20,000.

(1) Cheques issued,but not presented for payment Rs.25,000.

(2) Interest on bank overdraft charged by the bank,but not entered in cash book Rs.1,000.

(3) Cheque deposited but not collected Rs.22,000.

(4) Insurance premium Rs.500 paid by bank under standing order but not recorded in cash book.

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Particulars	Amount Details (Rs.)	Amount (Rs.)
Overdraft as per Cash Book (Cr.) Add: Cheque received and recorded in the Cash Book but not sent to the bank Credit side of the bank column casted short Insurance premium paid directly by the bank Cheque received returned by the bank Bills discounted dishonoured Less: Cheque deposited into the bank but no entry was passed in the cash book Bank Charges entered twice in the Cash Book Cheque 'issued' returned on technical grounds Bills receivable directly collected by the bank Wrong credit given to Mukesh by bank Overdraft as per bank Statement (Dr.)	10,000 1,000 5,000 4,000 40,000 3,000 100 3,000 20,000 1,00,000	1,80,000 60,000 $2, 40, 000$ 1,26,100 $1, 13, 900$