Overdraft
shown by the passbook of Mr. Murli is Rs 20,000. Prepare bank reconciliation
statement on dated December 31, 2005.
(i)
Bank
charges debited as per passbook Rs 500.
(ii)
Cheques
recorded in the cash book but not sent to the bank for collection Rs 2,500.
(iii)
Received
a payment directly from customer Rs 4,600.
(iv)
Cheque
issued but not presented for payment Rs 6,980.
(v)
Interest
credited by the bank Rs 100.
(vi)
LIC
paid by bank Rs 2,500.
(vii)
Cheques deposited with the
bank but not collected Rs 3,500.
Overdraft shown by the passbook of Mr. Murli is Rs 20,000. Prepare bank reconciliation statement on dated December 31, 2005.
|
(i) |
Bank charges debited as per passbook Rs 500. |
|
(ii) |
Cheques recorded in the cash book but not sent to the bank for collection Rs 2,500. |
|
(iii) |
Received a payment directly from customer Rs 4,600. |
|
(iv) |
Cheque issued but not presented for payment Rs 6,980. |
|
(v) |
Interest credited by the bank Rs 100. |
|
(vi) |
LIC paid by bank Rs 2,500. |
|
(vii) |
Cheques deposited with the bank but not collected Rs 3,500. |
|
Bank Reconciliation Statement of Mr. Murli as on December 31, 2005 |
|||
|
S. No. |
Particulars |
(+) Amount Rs |
(–) Amount Rs |
|
Overdraft as per the Pass Book |
|
20,000 |
|
|
(i) |
Bank charges debited in the Pass Book |
500 |
|
|
(ii) |
Cheque recorded in the Cash Book but not banked |
2,500 |
|
|
(iii) |
Amount directly paid by customer in the bank |
|
4,600 |
|
(iv) |
Cheque issued but not presented for payment |
|
6,980 |
|
(v) |
Interest allowed by bank |
|
100 |
|
(vi) |
LIC (insurance premium) paid by bank |
2,500 |
|
|
(vii) |
Cheques deposited but not cleared |
3,500 |
|
|
|
|
||
|
|
Overdraft as per the Cash Book |
22,680 |
|
|
|
31,680 |
31,680 |
|
|
|
|
|
|