On 30th June, 1994, the bank column of Mohan Kapoor's cash book showed a debit balance of Rs 12,000. On cheching the cash book with bank statement ryou find that:-
- Cheques paid into bank Rs 8,000, but out of these only cheques of Rs 6,500 were cleared and credited bt hte bankers upto 30th June.
- Cheques of Rs 9,200 were issued but out of these anly cheques of Rs 7,000 were presented for payment pto 30th June.
- The receipt column of the cash book has been undercast by Rs 200.
- The pass book shows a credit of Rs 330 as interest on investments collected by bankers and debit of Rs 60 for bank charges.
- On 29th June a customer deposited Rs 3,000 direct in the bank account but it was entered only in the Pass book.
Bank Reconciliation Statement as on June 30, 1994 | ||
Particulars | Amount (Rs) | Amount (Rs) |
Balance as per the Cash Book (Dr.) | 12,000 |
|
Add : Transaction increasing balances of Given Book (i.e. Cash Book) |
|
|
| 2,200 |
|
Cash Book Under cast. | 200 |
|
Interest collected by the bank, but not yet recorded in the cash book. | 330 |
|
Amount received by the bank directly from trade debtors. | 3,000 |
|
|
| |
Less : Transactions reducing Balances of Given Book (i.e. Cash Book) |
|
|
|
| 1,500 |
Bank charges not yet recorded in the cash book. |
| 60 |
Closing Balance of Bank Statement (Cr.) |
| 16,170 |
| 17,730 | 17,730 |