The
passbook of Mr. Randhir showed an overdraft of Rs 40,950 on March 31, 2005.
Prepare
bank reconciliation statement on March 31, 2005.
(i)
Out
of cheques amounting to Rs 8,000 drawn by Mr. Randhir on March 27, a cheque
for Rs 3,000 was encashed on April 03.
(ii)
Credited
by bank with Rs 3,800 for interest collected by them, but the amount is not
entered in the cash book.
(iii)
Rs
10,900 paid in by Mr. Randhir in cash and by cheques on March, 31 cheques
amounting to Rs 3,800 were collected on April, 07.
(iv)
A
Cheque of Rs 780 credited in the passbook on March 28 being dishonoured is
debited again in the passbook on April 01, 2005. There was no entry in the
cash book about the dishonour of the cheque until April 15
The passbook of Mr. Randhir showed an overdraft of Rs 40,950 on March 31, 2005.
Prepare bank reconciliation statement on March 31, 2005.
|
(i) |
Out of cheques amounting to Rs 8,000 drawn by Mr. Randhir on March 27, a cheque for Rs 3,000 was encashed on April 03. |
|
(ii) |
Credited by bank with Rs 3,800 for interest collected by them, but the amount is not entered in the cash book. |
|
(iii) |
Rs 10,900 paid in by Mr. Randhir in cash and by cheques on March, 31 cheques amounting to Rs 3,800 were collected on April, 07. |
|
(iv) |
A Cheque of Rs 780 credited in the passbook on March 28 being dishonoured is debited again in the passbook on April 01, 2005. There was no entry in the cash book about the dishonour of the cheque until April 15 |
|
Bank Reconciliation Statement of Mr Randhir as on March 31, 2005 |
|||
|
S. No. |
Particulars |
(+) Amount Rs |
(–) Amount Rs |
|
|
Overdraft as per the Pass Book |
|
40,950 |
|
(i) |
Cheque issued but not presented for payment in March |
|
3,000 |
|
(ii) |
Interest collected by bank not entered in the Cash Book |
|
3,800 |
|
(iii) |
Cheque deposited but not yet cleared in March |
3,800 |
|
|
(iv) |
Cheque dishonoured in April |
780 |
|
|
|
|
|
|
|
|
Overdraft as per the Cash Book |
43,950 |
|
|
|
47,750 |
47,750 |
|
|
|
|
|
|
Note: The answer given in NCERT is Rs 36,350, which should be Rs 43,950.