From the following particulars prepare bank reconciliation statement as on 31st Dec., 2012:
(a) Debit balance as per cash book Rs 10000
(b) A cheque for Rs 500 issued in favour of Rajni has not been presented for payment.
(c) A bill for Rs 700 retired by bank under a rebate of Rs 20, the full amount of the bill was credited in Cash Book.
(d) A cheque for Rs 295 deposited in bank has been dishonoured.
(e) A sum of Rs 800 deposited in the bank has been credited as Rs 80 in the Pass Book.
(f) Payment side of Cash Book has been under cast by Rs 100.
The answer given in the book is : Balance as per pass book Rs 9405
Bank Reconciliation Statement as on December 31, 2012 | ||
Particulars | Amount (Rs) | Amount (Rs) |
Bank Balance as per Cash Book (Dr) |
| 10,000 |
Add: Transaction increasing balances of Given Book (i.e. Cash Book) |
|
|
(b) Cheque of Rs 500, issued to Rajni has not been presented for the payment | 500 |
|
(c) Bill of Rs 700 retired under the rebate of Rs 20 but the full amount was credited under the Cash Book | 20 | 520 |
|
|
|
Less: Transactions reducing Balances of Given Book (i.e. Cash Book) |
|
|
(d) Cheque of Rs 295 deposited in bank got dishonoured | 295 |
|
(e) Cheque of Rs 800 was deposited in the bank but credited as Rs 80 in the Pass Book | 720 |
|
(e) Payment side of the Cash Book was undercasted by Rs 100 | 100 | 1,115 |
Closing Balance of Pass Book |
| 9,405 |
|
|
|