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On 31st March, 2018, Bank Pass Book of Naresh & Co. showed an overdraft of ₹ 10,700. From the following particulars, prepare Bank Reconciliation Statement:(i) Cheques issued before 31st March, 2018 but presented for payment after that date amounted to ₹ 900.(ii) Cheques paid into the bank but not collected and credited unitl 31st March, 2018 amounted to ₹ 2,200.(iii) Interest on overdraft amounting to ₹ 1,200 did not appear in the Cash Book.(iii) ₹ 5,000 being interest on investments collected by the bank and credited in the Pass Book were not shown in the Cash Book.(iv) Bank charges of ₹ 50 were not entered in the Cash Book.(v) ₹ 800 in respect of dishonoured cheque were intered in the Pass Book but not in the Cash Book. |
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Answer» On 31st March, 2018, Bank Pass Book of Naresh & Co. showed an overdraft of ₹ 10,700. From the following particulars, prepare Bank Reconciliation Statement: (i) Cheques issued before 31st March, 2018 but presented for payment after that date amounted to ₹ 900. (ii) Cheques paid into the bank but not collected and credited unitl 31st March, 2018 amounted to ₹ 2,200. (iii) Interest on overdraft amounting to ₹ 1,200 did not appear in the Cash Book. (iii) ₹ 5,000 being interest on investments collected by the bank and credited in the Pass Book were not shown in the Cash Book. (iv) Bank charges of ₹ 50 were not entered in the Cash Book. (v) ₹ 800 in respect of dishonoured cheque were intered in the Pass Book but not in the Cash Book. |
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