The bank has collected an interest of Rs. 600 and has credited in the passbook. To reconcile, the amount of Rs. will be to the balance of cash book.

600

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1,200

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added

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subtracted

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Solution

The correct options are
A 600
C added
Since the interest amount is credited in the passbook, the balance as per bank statement shall be higher than the amount as per cash book. So an amount of Rs. 600 is added to the balance of cash book to reconcile the same with the balance as per passbook.

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Q. The bank has collected a dividend of Rs.500 & also debited Rs.100 in passbook. An amount of shall be to the balance of cash book for reconciling.

The bank has collected an interest of Rs 600 & has credited the same in the pass book. What shall be the adjustment in the balance as per cash book?

On 31st December, 2016, the cash book of Mittal Bros showed an overdraft of Rs. 6,920. From the following particulars, prepare a bank reconciliation statement and ascertain the balance as per pass book.

(i) Debited by bank Rs. 200 on account of interest on overdraft and Rs. 50 on account of charges for collecting bills.

(ii) cheque drawn but not encashed before 31st December 2016 for Rs. 4,000.

(iii) The bank has collected interest and has credited Rs. 600 in passbook.

(iv) A bill receivable for Rs. 700 previously discounted with the bank, had been dishonoured and debited in the passbook.

(v) Cheque paid into bank but not collected and credited before 31st December 2016 amounted to Rs. 6,000.

On December 31, 2017, the cash book of Mittal Bros. Showed an overdraft of Rs 6,920. From the following particulars prepare a Bank Reconciliation Statement and ascertain the balance as per passbook.

(1)	Debited by bank for Rs 200 on account of Interest on overdraft and Rs 50 on account of charges for collecting bills.
(2)	Cheques drawn but not encashed before December, 31 2017 for Rs 4,000.
(3)	The bank has collected interest and has credited Rs 600 in passbook.
(4)	A bill receivable for Rs 700 previously discounted with the bank had been dishonoured and debited in the passbook.
(5)	Cheques paid into bank but not collected and credited before December 31, 2017 amounted Rs 6,000.

On December 31, 2010, the cash book of Mittal Bros showed an overdraft of Rs. 6,920. From the following particulars, prepare a Bank Reconciliation Statement and ascertain the balance as per pass book.

(i) Debited by the bank for Rs. 200 on account of Interest on overdraft and Rs. 50 on account of charges for collecting bills.

(ii) Cheques were drawn but not encashed before December 31, 2010, for Rs. 4,000.

(iii) The bank has collected interest and has credited Rs. 600 in passbook.

(iv) A bill receivable for Rs. 700 previously discounted with the bank had been dishonoured and debited in the passbook.

(v) Cheques paid into the bank but not collected and credited before December 31, 2010, amounted Rs. 6,000.

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The bank has collected an interest of Rs. 600 and has credited in the passbook. To reconcile, the amount of Rs. will be to the balance of cash book.

The correct options are A 600 C addedSince the interest amount is credited in the passbook, the balance as per bank statement shall be higher than the amount as per cash book. So an amount of Rs. 600 is added to the balance of cash book to reconcile the same with the balance as per passbook.

The correct options are
A 600
C added
Since the interest amount is credited in the passbook, the balance as per bank statement shall be higher than the amount as per cash book. So an amount of Rs. 600 is added to the balance of cash book to reconcile the same with the balance as per passbook.