Prepare Bank Reconciliation Statement from the following particulars as on 31st March, 2018 when Pass Book shows a debit balance of ₹ 2,500:(i) Cheque issued for ₹ 5,000 but up to 31st March, 2018 only ₹ 3,000 could be cleared.(ii) Cheques deposited for ₹ 5,500 but cheques of ₹ 500 were collected on 10th April, 2018.(iii) A discounted Bill of Exchange dishonoured ₹ 2,000.(iv) A cheque of ₹ 300 debited in Cash Book but omitted to be banked.(v) Interest allowed by bank ₹ 400 but no entry was passed in the Cash Book.

Prepare Bank Reconciliation Statement from the following particulars a

1.	Prepare Bank Reconciliation Statement from the following particulars as on 31st March, 2018 when Pass Book shows a debit balance of ₹ 2,500:(i) Cheque issued for ₹ 5,000 but up to 31st March, 2018 only ₹ 3,000 could be cleared.(ii) Cheques deposited for ₹ 5,500 but cheques of ₹ 500 were collected on 10th April, 2018.(iii) A discounted Bill of Exchange dishonoured ₹ 2,000.(iv) A cheque of ₹ 300 debited in Cash Book but omitted to be banked.(v) Interest allowed by bank ₹ 400 but no entry was passed in the Cash Book.
Answer» Prepare Bank Reconciliation Statement from the following particulars as on 31st March, 2018 when Pass Book shows a debit balance of ₹ 2,500: (i) Cheque issued for ₹ 5,000 but up to 31st March, 2018 only ₹ 3,000 could be cleared. (ii) Cheques deposited for ₹ 5,500 but cheques of ₹ 500 were collected on 10th April, 2018. (iii) A discounted Bill of Exchange dishonoured ₹ 2,000. (iv) A cheque of ₹ 300 debited in Cash Book but omitted to be banked. (v) Interest allowed by bank ₹ 400 but no entry was passed in the Cash Book.