On 31st Dec. 2012, my passbook No. 1 showed an overdraft of Rs 9500. Out of cheques of Rs 4500 paid on 28th Dec. Rs 2000 appear to have been credited on 3rd Jan., 2013.
Out of cheques amounting to Rs 8000 issued during the month of Dec. cheques worth Rs 4500 appear to have been presented before 31st Dec. , 2012. Inadvertently, the bank has credited a sum of Rs 1000 to my account which belonged to some other account. Interest on overdraft from bank was Rs 500. This was subsequently entered by me in the book. My bank account showed a credit of Rs 600 for interest on securities collected by it.
Prepare a bank reconciliation statement as on 31st. Dec., 2012
Bank Reconciliation Statement as on December 31, 2012 | ||
Particulars | Amount (Rs) | Amount (Rs) |
Debit balance as per the Pass Book (Overdraft) |
| 9,500 |
Add: Transaction increasing balances of Given Book (i.e. Pass Book) |
|
|
(2) Cheque issued but not yet presented | 3,500 |
|
(3) Amount Wrongly credited by bank | 1,000 |
|
(4) Credit of securities not yet entered in the cash book | 600 |
|
|
|
|
Less: Transactions reducing Balances of Given Book (i.e. Pass Book) |
|
|
(1) Cheque Deposited but not yet credited | 2,000 |
|
(4) Interest on overdraft | 500 |
|
Closing Balance of Cash Book (Overdraft) |
| 12,100 |
|
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