From the following particulars prepare a Bank Reconciliation Statement on 31 March 2012: (i) Bank Statement showed a favourable balance - Accountancy - Bank Reconciliation Statement

Question

From the following particulars prepare a Bank Reconciliation
Statement on 31 March 2012:
(i) Bank Statement showed a favourable balance of 12,400
(ii) Cheques amounting to 45,000 were drawn on 27th March, of
which cheques for 33,000 were encashed on 2nd april
(iii) Bill for collection not yet reported by bank to us but
credited to our account, 8,000
(iv) A bill for 10,000 was retired by the Bank under a rebate of
200 but the full amount of the bill was credited in the bank column
of the cash book

Komal Verma · Accepted Answer

Bank
Reconciliation Statement

as on
March 31, 2012

Particulars

Plus
Items

Rs

Minus
Items

Rs

Balance
as per the Pass Book (Cr )

12,400

Less:
Cheques drawn but encashed on April 02

33,000

Bill
for collection not yet reported by bank to us but

credited
to our account

8,000

Rebate
received by Bank

200

Overdraft
as per the Cash Book (Cr )

28,800

41,200

Bank Reconciliation Statement as on March 31, 2012
Particulars	Plus Items Rs	Minus Items Rs
Balance as per the Pass Book (Cr.)	12,400
Less: Cheques drawn but encashed on April 02		33,000
Bill for collection not yet reported by bank to us but credited to our account		8,000
Rebate received by Bank		200
Overdraft as per the Cash Book (Cr.)	28,800
	41,200	41,200