Answer 14 Prepare a bank reconciliation statement on 31 December 2009 for the following when overdraft as per - Accountancy - Bank Reconciliation Statement

Question

Answer

14 Prepare a bank reconciliation statement on 31 December 2009 for
the following when overdraft as per book is Rs 20,000
(1) cheques issued, but not presented for payment Rs 25,000
(2) Interest on bank overdraft charged by the bank, but not entered
in cash book Rs 1,000
(3) cheque deposited but not collected Rs 22,000
(4) Insurance premium Rs 500 paid by bank under s standing order
but not recorded in cash book

Neha Chopra · Accepted Answer

Dear
Student,

Bank
Reconciliation Statement as on 31st Dec
2009

S No
Particulars

Plus Items
(Rs)

Minus Items
(Rs)

Overdraft as per the
Cash Book

(20,000)

Add: Cheque issued but
not presented for payment

25,000

Less : Interest on
Bank overdraft not entered in cash book

(1,000)

Less: Cheque deposited
but not collected

(22,000)

Less: Insurance
premium paid by bank

(5,00)

Total

25,000

(43,500)

Overdraft as per Bank
Statement

(18,500)

Regards,

Bank Reconciliation Statement as on.. 31st Dec 2009
S. No.	Particulars	Plus Items (Rs)	Minus Items (Rs)
	Overdraft as per the Cash Book		(20,000)
	Add: Cheque issued but not presented for payment	25,000
	Less : Interest on Bank overdraft not entered in cash book		(1,000)
	Less: Cheque deposited but not collected		(22,000)
	Less: Insurance premium paid by bank		(5,00)
	Total	25,000	(43,500)
	Overdraft as per Bank Statement		(18,500)