Question

The passbook of Mr. Mohit current account showed a credit Balance of Rs 20,000 on dated December 31, 2016. Prepare a Bank Reconciliation Statement with the following information.

(i)	A cheque of Rs 400 drawn on his saving account has been shown on current account.
(ii)	He issued two cheques of Rs 300 and Rs 500 on of December 25, but only the Ist cheque was presented for payment.
(iii)	One cheque issued by Mr. Mohit of Rs 500 on December 25, but it was not presented for payment whereas it was recorded twice in the cash book.

Answer 1

Bank Reconciliation Statement of Mr. Mohit's Current Account, as on December 31, 2016
S. No.	Particulars	(+) Amount Rs	(–) Amount Rs
	Balance as per pass book	20,000
(i)	Cheque issued from saving account wrongly debited in the current account of the pass book	400
(ii)	Cheque issued but not presented for payment		500
(iii)	Cheque issued but not presented for payment and twice credited in cash book		1,000
	Balance as per cash book		18,900
		20,400	20,400

Note: In the question item (i), it is not given whether it is the current account of Pass Book or the current account of Cash Book. In the solution, we have assumed that it is the current account of the Pass Book.