Question

The following facts were extracted as at 31st December 2014 from the books of Rajesh Dogra who keeps a double column Cash Book:

	₹
Bank balance as per Cash Book (overdrawn)	32,000
Balance as per bank statement (in favour)	24,000

₹ 200 commission charged by bank on outstation cheques yet to be taken into account.
A cheque for ₹ 11,000 paid to Shashi Bhushan wrongly entered in the cash column.
Debit side of Cash Book (bank column) undercast by ₹ 1,000. Cheques received from customers ₹ 10,400 deposited on 31-12-2014 but credited by the bank on 2-1-2015.
Cheques issued to suppliers ₹ 76,600 during 2014 not yet presented for encashment.
Prepare a Bank Reconciliation Statement as at 31-12-2014.

Answer 1

Bank Reconciliation Statement as on December 31, 2014
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Credit Balance (Overdraft) as per Cash Book		32,000
	Add: Debit side of Cash Book undercasted	1,000
	Cheque issued but not presented for payment	76,600
	Less: Commission charged		200
	Cheque issued wrongly recorded in Cash Column		11,000
	Cheque deposited but not collected by Bank		10,400
	Credit Balance as per Pass Book		24,000
		77,600	77,600