1.

On 30th June, 2017, bank column of the Cash Book showed balance of ₹ 12,000 but the Pass Book showed a different balance due to the following reasons:(i) Cheques paid into the bank ₹ 8,000 but out of these only cheques of ₹ 6,500 credited by bankers.(ii) The receipt column of the Cash Book undercast by ₹ 200.(iii) On 29th June, a customer deposited ₹ 3,000 directly in the Bank Account but it was entered in the Pass Book only.(iv) Cheques of ₹ 9,200 were issued of which ₹ 2,200 were presented for payment on 15th July.(v) Pass Book shows a credit of ₹ 330 as interest and a debit of ₹ 60 as bank charges.Prepare Bank Reconciliation Statement as on 30th June, 2017.

Answer» On 30th June, 2017, bank column of the Cash Book showed balance of ₹ 12,000 but the Pass Book showed a different balance due to the following reasons:

(i) Cheques paid into the bank ₹ 8,000 but out of these only cheques of ₹ 6,500 credited by bankers.

(ii) The receipt column of the Cash Book undercast by ₹ 200.

(iii) On 29th June, a customer deposited ₹ 3,000 directly in the Bank Account but it was entered in the Pass Book only.

(iv) Cheques of ₹ 9,200 were issued of which ₹ 2,200 were presented for payment on 15th July.

(v) Pass Book shows a credit of ₹ 330 as interest and a debit of ₹ 60 as bank charges.



Prepare Bank Reconciliation Statement as on 30th June, 2017.


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