Prepare a bank reconciliation statement from the following particulars on 31 03 2012: (a) Debit balance as per bank column - Accountancy - Bank Reconciliation Statement

Question

Prepare a bank
reconciliation statement from the following particulars on 31 03
2012:
(a) Debit balance as per
bank column of the cash book Rs 167400
(b) Cheques issued to
creditors, but not yet presented to the bank for payment Rs
32400
(c) Dividend received by
the bank, but not entered in the cash book Rs 2250
(d) Interest allowed by
bank Rs 562 50
(e) Cheques deposited into
bank for collection, but not collected by the bank uptp this date
Rs 6930
(f) Bank charges Rs
90
(g) A cheque deposited into
bank was dishonoured, but no intimation was received Rs
144
(h) Bank paid house tax on
our behalf, but no information received from bank in this
connection Rs 157 50
The answer given in the
book is : Balance as per pass book Rs 195291

Sagar Gupta · Accepted Answer

Bank Reconciliation Statement

as on March 31, 2012

Particulars

Amount

(Rs)

Amount

(Rs)

Bank Balance as per Cash Book (Dr )

1,67,400

Add 
: Transaction increasing balances of Given Book (i e Cash
Book)

(b) 
Cheques issued to creditors, but not yet presented to the bank for
payment

32,400

(c) 
Dividend received by the bank, but not entered in the cash
book

2,250

(d) 
Interest allowed by bank

562 50

35,212 50

Less 
: Transactions reducing Balances of Given Book (i e Cash
Book)

(e) 
Cheques deposited into bank for collection, but not collected by
the bank

6,930

(f) 
Bank charges

90

(g) 
A cheque deposited into bank was dishonoured, but no intimation was
received Rs 144

144

(h) 
Bank paid house tax on our behalf, but no information received from
bank in this connection

157 50

7,321 50

Closing Balance of Pass Book

1,95,291

Bank Reconciliation Statement as on March 31, 2012
Particulars	Amount (Rs)	Amount (Rs)
Bank Balance as per Cash Book (Dr.)	1,67,400
Add : Transaction increasing balances of Given Book (i.e. Cash Book)
(b) Cheques issued to creditors, but not yet presented to the bank for payment.	32,400
(c) Dividend received by the bank, but not entered in the cash book.	2,250
(d) Interest allowed by bank.	562.50	35,212.50

Less : Transactions reducing Balances of Given Book (i.e. Cash Book)
(e) Cheques deposited into bank for collection, but not collected by the bank.	6,930
(f) Bank charges.	90
(g) A cheque deposited into bank was dishonoured, but no intimation was received Rs 144.	144
(h) Bank paid house tax on our behalf, but no information received from bank in this connection.	157.50	7,321.50
Closing Balance of Pass Book	1,95,291