20. On 31st December, 2016 Pass Book shows a debit balance (overdraft) of Rs. 10,000. From the following particulars, prepare a Bank Reconciliation Statement:
(a) Cheques amounting to Rs. 8,000 drawn on 25th December, of which cheques of Rs. 3,000 were cashed within 31st December.
(b) Cheques sent for collection amounted to Rs. 50,000 but cheques of Rs. 22,800 were credited on 2nd January, 2017.
(c) Items unticked in the Pass Book are:
(i) Incidental Charges Rs. 25
(ii) Dividend collected by Bank on our behalf Rs. 350.
(d) A cheque for Rs. 600 debited in the Cash Book omitted to be banked.
(e) A cheque of Rs. 750 banked and credited but omitted to be record in the Cash Book.
(Answer:- Balance as per Cash Book Rs. 7,325)
Dear Student
Regards
| Bank Reconciliation Statement | |||
| S. No. | Particulars | Plus Items (Rs) | Minus Items (Rs) |
| Balance as per Pass book | 10,000 | ||
| a | Cheques amounting to Rs. 8,000 drawn on 25th December, of which cheques of Rs. 3,000 were cashed within 31st December. | 5,000 | |
| b | Cheques sent for collection amounted to Rs. 50,000 but cheques of Rs. 22,800 were credited on 2nd January, 2017 | 22,800 | |
| c | 1.Incidental Charges Rs. 25 | 25 | |
| 2. Dividend collected by Bank on our behalf Rs. 350. | 350 | ||
| d | A cheque for Rs. 600 debited in the Cash Book omitted to be banked. | 600 | |
| e | A cheque of Rs. 750 banked and credited but omitted to be record in the Cash Book. | 750 | |
| Balance as per Cash book | 7,325 | ||
| 23,425 | 23,425 | ||
Regards