From the following particulars, prepare bank Reconciliation Statement

1.	From the following particulars, prepare bank Reconciliation Statement as on 31st March ,2019.Balance as per Cash Book₹ 50,000.A cheque for₹ 500 issued in favour of Rahul has not been presented for payment.A bill for₹ 1,200 retired by bank on our behalf under a rebate of₹ 70, the full amount of the bill was credited in Cash Book.A cheque of₹ 200 deposited in the bank has been dishonoured.A sum of₹ 900 deposited in the bank has been credited as₹ 90 in the Pass Book.Payment side of Cash Book has been undercasted by₹ 200.A bill receivable for₹ 1,000 (discounted with the bank in February ,2019 )dishonoured on 31st March,2019, but the dishonour was not recorded in the Cash Book.
Answer» Answer: From the FOLLOWING particulars, prepare bank Reconciliation Statement as on 31st March ,2019. Balance as per Cash Book₹ 50,000. A cheque for₹ 500 issued in favour of Rahul has not been presented for payment. A bill for₹ 1,200 retired by bank on our behalf under a rebate of₹ 70, the full amount of the bill was credited in Cash Book. A cheque of₹ 200 deposited in the bank has been DISHONOURED. A sum of₹ 900 deposited in the bank has been credited as₹ 90 in the PASS Book. Payment side of Cash Book has been undercasted by₹ 200. A bill receivable for₹ 1,000 (discounted with the bank in February ,2019 )dishonoured on 31st March,2019, but the dishonour was not recorded in the Cash Book. Explanation: From the following particulars, prepare bank Reconciliation Statement as on 31st March ,2019. Balance as per Cash Book₹ 50,000. A cheque for₹ 500 issued in favour of Rahul has not been presented for payment. A bill for₹ 1,200 retired by bank on our behalf under a rebate of₹ 70, the full amount of the bill was credited in Cash Book. A cheque of₹ 200 deposited in the bank has been dishonoured. A sum of₹ 900 deposited in the bank has been credited as₹ 90 in the Pass Book. Payment side of Cash Book has been undercasted by₹ 200. A bill receivable for₹ 1,000 (discounted with the bank in February ,2019 )dishonoured on 31st March,2019, but the dishonour was not recorded in the Cash Book.

From the following particulars, prepare bank Reconciliation Statement as on 31st March ,2019.Balance as per Cash Book₹ 50,000.A cheque for₹ 500 issued in favour of Rahul has not been presented for payment.A bill for₹ 1,200 retired by bank on our behalf under a rebate of₹ 70, the full amount of the bill was credited in Cash Book.A cheque of₹ 200 deposited in the bank has been dishonoured.A sum of₹ 900 deposited in the bank has been credited as₹ 90 in the Pass Book.Payment side of Cash Book has been undercasted by₹ 200.A bill receivable for₹ 1,000 (discounted with the bank in February ,2019 )dishonoured on 31st March,2019, but the dishonour was not recorded in the Cash Book.

Answer»

Answer:

From the FOLLOWING particulars, prepare bank Reconciliation Statement as on 31st March ,2019.

Balance as per Cash Book₹ 50,000.

A cheque for₹ 500 issued in favour of Rahul has not been presented for payment.

A bill for₹ 1,200 retired by bank on our behalf under a rebate of₹ 70, the full amount of the bill was credited in Cash Book.

A cheque of₹ 200 deposited in the bank has been DISHONOURED.

A sum of₹ 900 deposited in the bank has been credited as₹ 90 in the PASS Book.

Payment side of Cash Book has been undercasted by₹ 200.

A bill receivable for₹ 1,000 (discounted with the bank in February ,2019 )dishonoured on 31st March,2019, but the dishonour was not recorded in the Cash Book.

Explanation:

From the following particulars, prepare bank Reconciliation Statement as on 31st March ,2019.

Balance as per Cash Book₹ 50,000.

A cheque for₹ 500 issued in favour of Rahul has not been presented for payment.

A bill for₹ 1,200 retired by bank on our behalf under a rebate of₹ 70, the full amount of the bill was credited in Cash Book.

A cheque of₹ 200 deposited in the bank has been dishonoured.

A sum of₹ 900 deposited in the bank has been credited as₹ 90 in the Pass Book.

Payment side of Cash Book has been undercasted by₹ 200.

A bill receivable for₹ 1,000 (discounted with the bank in February ,2019 )dishonoured on 31st March,2019, but the dishonour was not recorded in the Cash Book.

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