Bank Statement of a customer shows bank balance of ₹ 62,000 on 31st March, 2018. On Comparing it with the Cash Book the following discrepancies were noted:(i) Cheques were paid into the bank in March but were credited in April:P–₹ 3,500; Q–₹ 2,500; R–₹ 2,000.(ii) Cheques issued in March were presented in April:X–₹ 4.000; Q–₹ 4,500.(iii) Cheque for ₹ 1,000 received from a customer entered in the Cash Book but was not banked.(iv) Pass Book shows a debit of ₹ 1,000 for bank charges and credit of ₹ 2,000 as interest.(v) Interest on investment ₹ 2,500 collected by the bank appeared in the Pass Book.Prepare Bank Reconciliation Statement showing the balance as per Cash Book on 31st March, 2018.

Bank Statement of a customer shows bank balance of ₹ 62,000 on 31st

1.	Bank Statement of a customer shows bank balance of ₹ 62,000 on 31st March, 2018. On Comparing it with the Cash Book the following discrepancies were noted:(i) Cheques were paid into the bank in March but were credited in April:P–₹ 3,500; Q–₹ 2,500; R–₹ 2,000.(ii) Cheques issued in March were presented in April:X–₹ 4.000; Q–₹ 4,500.(iii) Cheque for ₹ 1,000 received from a customer entered in the Cash Book but was not banked.(iv) Pass Book shows a debit of ₹ 1,000 for bank charges and credit of ₹ 2,000 as interest.(v) Interest on investment ₹ 2,500 collected by the bank appeared in the Pass Book.Prepare Bank Reconciliation Statement showing the balance as per Cash Book on 31st March, 2018.
Answer» Bank Statement of a customer shows bank balance of ₹ 62,000 on 31st March, 2018. On Comparing it with the Cash Book the following discrepancies were noted: (i) Cheques were paid into the bank in March but were credited in April: P–₹ 3,500; Q–₹ 2,500; R–₹ 2,000. (ii) Cheques issued in March were presented in April: X–₹ 4.000; Q–₹ 4,500. (iii) Cheque for ₹ 1,000 received from a customer entered in the Cash Book but was not banked. (iv) Pass Book shows a debit of ₹ 1,000 for bank charges and credit of ₹ 2,000 as interest. (v) Interest on investment ₹ 2,500 collected by the bank appeared in the Pass Book. Prepare Bank Reconciliation Statement showing the balance as per Cash Book on 31st March, 2018.