Question

The cash book shows a bank balance of Rs. 7,800. On comparing the cash book with Passbook, the following discrepancies were noted

(i) Cheque deposited in the bank but not credited, Rs. 3,000.

(ii) Cheque issued but not yet presented for payment, Rs. 1,500.

(iii) Insurance premium paid by the bank, Rs. 2,000.

(iv) Bank interest credit by the bank, Rs. 400.

(v) Bank charges, Rs. 100.

(vi) Directly deposited by a customer, Rs. 4,000.

Answer 1

$\begin{array}{cc}& \text{Bank Reconciliation Statement}\\ & \text{as on ..........}\end{array}$

$\begin{array}{cccc}\text{S.N.}& \text{Particulars}& \text{Amt.(+)}& \text{Amt.(-)}\\ & \text{Balance as per Cash Book}& \text{7,800}& \\ \left(i\right)& \text{Cheque deposited in Bank but not credited}& & \text{3,000}\\ \text{(ii)}& \text{Cheque issued but not presented for payment}& \text{1,500}& \\ \text{(iii)}& \text{Insurance premium paid by bank directly}& & \text{2,000}\\ \text{(iv)}& \text{Bank interest credited by the bank}& \text{400}& \\ \text{(v)}& \text{Bank charges}& & \text{100}\\ \text{(vi)}& \text{Amount directly deposited by customer}& \text{4,000}& \\ & \text{Balance as per Pass book}& & \text{8,600}\\ & & \underset{–}{\overline{13,700}}& \underset{–}{\overline{13,700}}\end{array}$