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Mr. Ram Behari has his account at Punjab National Bank, Delhi, According to his Cash Book, his bank balance on 31st March, 2018 was ₹ 72,950. He sent cheques for ₹ 90,075 to his bank for collection but cheques amounted to ₹ 43,769 were not collected by that date. Out of the cheques issued by him in payment of his debts, cheques for ₹ 29,344 were not presented for payment.Prepare Bank Reconcillation Statement and determine the balance as shown by his Pass Book. |
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Answer» Mr. Ram Behari has his account at Punjab National Bank, Delhi, According to his Cash Book, his bank balance on 31st March, 2018 was ₹ 72,950. He sent cheques for ₹ 90,075 to his bank for collection but cheques amounted to ₹ 43,769 were not collected by that date. Out of the cheques issued by him in payment of his debts, cheques for ₹ 29,344 were not presented for payment. Prepare Bank Reconcillation Statement and determine the balance as shown by his Pass Book. |
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