1.

From the following particulars, find out corrected bank balance as per Cash Book and thereafter prepare a Bank Reconciliation Statement as on 31st March, 2019 of a sole proprietor: ₹ (i) Bank overdraft as per the Cash Book. 80,000 (ii) Cheques deposited as per the bank statement but not entered in the Cash Book. 3,000 (iii) Cheques recorded for collection but not sent to the bank. 10,000 (iv) Credit side of bank column casted short. 1,000 (v) Bank charges recorded twice in the Cash Book. 100 (vi) Customer's cheque returned as per the Bank Statement. 4,000 (vii) Cheques issued but dishonoured on technical grounds. 3,000 (viii) Bills collected by bank directly. 20,000 (ix) Cheque received entered twice in the Cash Book. 5,000

Answer» From the following particulars, find out corrected bank balance as per Cash Book and thereafter prepare a Bank Reconciliation Statement as on 31st March, 2019 of a sole proprietor:





















































₹
(i) Bank overdraft as per the Cash Book. 80,000
(ii) Cheques deposited as per the bank statement but not entered in the Cash Book. 3,000
(iii) Cheques recorded for collection but not sent to the bank. 10,000
(iv) Credit side of bank column casted short. 1,000
(v) Bank charges recorded twice in the Cash Book. 100
(vi) Customer's cheque returned as per the Bank Statement. 4,000
(vii) Cheques issued but dishonoured on technical grounds. 3,000
(viii) Bills collected by bank directly. 20,000
(ix) Cheque received entered twice in the Cash Book. 5,000


Discussion

No Comment Found

Related InterviewSolutions