Prepare a Bank Reconciliation Statement from the following particulars

1.	Prepare a Bank Reconciliation Statement from the following particulars : (i) Credit Balance as per Pass Book on 30th June, 2011. 5,010 Rs (ii) Cheques drawn but not presented for payment. 3,000 Rs (iii) Cheques and drafts lodged into Bank but not collected until 2nd July, 2011. 2,900 Rs (iv) A Bill Payable paid by Bank but not entered in Cash Book. 1,700 Rs (v) The Bank Column of the receipt side of Cash Book under cast. 100 (vi) M/s Ram Lal and Sons, our agent, have remitted Rs 3,500 for which there was no entry in Cash Book.
Answer» Prepare a Bank Reconciliation Statement from the following particulars : (i) Credit Balance as per Pass Book on 30th June, 2011. 5,010 Rs (ii) Cheques drawn but not presented for payment. 3,000 Rs (iii) Cheques and drafts lodged into Bank but not collected until 2nd July, 2011. 2,900 Rs (iv) A Bill Payable paid by Bank but not entered in Cash Book. 1,700 Rs (v) The Bank Column of the receipt side of Cash Book under cast. 100 (vi) M/s Ram Lal and Sons, our agent, have remitted Rs 3,500 for which there was no entry in Cash Book.

Prepare a Bank Reconciliation Statement from the following particulars : (i) Credit Balance as per Pass Book on 30th June, 2011. 5,010 Rs (ii) Cheques drawn but not presented for payment. 3,000 Rs (iii) Cheques and drafts lodged into Bank but not collected until 2nd July, 2011. 2,900 Rs (iv) A Bill Payable paid by Bank but not entered in Cash Book. 1,700 Rs (v) The Bank Column of the receipt side of Cash Book under cast. 100 (vi) M/s Ram Lal and Sons, our agent, have remitted Rs 3,500 for which there was no entry in Cash Book.

Answer»

Prepare a Bank Reconciliation Statement from the following particulars :

(i) Credit Balance as per Pass Book on 30th June, 2011. 5,010 Rs

(ii) Cheques drawn but not presented for payment. 3,000 Rs

(iii) Cheques and drafts lodged into Bank but not collected until 2nd July, 2011. 2,900 Rs

(iv) A Bill Payable paid by Bank but not entered in Cash Book. 1,700 Rs

(v) The Bank Column of the receipt side of Cash Book under cast. 100

(vi) M/s Ram Lal and Sons, our agent, have remitted Rs 3,500 for which there was no entry in Cash Book.