Prepare
bank reconciliation statement of Shri Bhandari as on December
31,
2005
(i)
The
Payment of a cheque for Rs 550 was recorded twice in the passbook.
(ii)
Withdrawal
column of the passbook under cast by Rs 200
(iii)
Cheque
of Rs 200 has been debited in the bank column of the Cash Book but it was not
sent to bank at all.
(iv)
A
Cheque of Rs 300 debited to Bank column of the passbook was not sent to the
bank.
(v)
Rs
500 in respect of dishonoured cheque were entered in the passbook but not in
the cash book. Overdraft as per passbook is Rs 20,000.
Prepare bank reconciliation statement of Shri Bhandari as on December
31, 2005
|
(i) |
The Payment of a cheque for Rs 550 was recorded twice in the passbook. |
|
(ii) |
Withdrawal column of the passbook under cast by Rs 200 |
|
(iii) |
Cheque of Rs 200 has been debited in the bank column of the Cash Book but it was not sent to bank at all. |
|
(iv) |
A Cheque of Rs 300 debited to Bank column of the passbook was not sent to the bank. |
|
(v) |
Rs 500 in respect of dishonoured cheque were entered in the passbook but not in the cash book. Overdraft as per passbook is Rs 20,000. |
|
Bank Reconciliation Statement of Shri Bhandari as on December 31, 2005 |
|||
|
S. No. |
Particulars |
(+) Amount Rs |
(–) Amount Rs |
|
|
Overdraft as per the Pass Book |
|
20,000 |
|
(i) |
Payment of cheque twice debited in the Pass Book |
550 |
|
|
(ii) |
Withdrawal column of the Pass Book undercast |
|
200 |
|
(iii) |
Cheque debited in the Cash Book but not deposited in the bank |
200 |
|
|
(iv) |
Cheque added in the Cash Book but not deposited in the bank |
300 |
|
|
(v) |
Cheque dishonoured |
500 |
|
|
|
Overdraft as per the Cash Book |
18,650 |
|
|
|
|
||
|
|
20,200 |
20,200 |
|
|
|
|
|
|
Note:
(1) In item (iv) of the question, ‘A cheque of Rs 300 debited to bank column of the Pass Book was not sent to the bank’ should be, ‘A cheque of Rs 300 debited to Bank column of the Cash Book was not sent to the bank’.
(2) The answer given in the book is Rs 20,350; however, it should be Rs 18,650.