Prepare a Bank Reconciliation Statement on 31st December 2015 for the following when credit balance as per bank column of cash book is Rs.1,800:

 i. Cheques issued, but not presented for payment Rs.360.

ii. Cheque deposited but not collected by the bank. `70

iii. Interest on overdraft charged by the bank Rs.30.

iv. A customer directly deposited in bank Rs.500.

Asked by Topperlearning User | 1st Jul, 2016, 03:14: PM

Expert Answer:

Bank Reconciliation Statement

as on 31st December, 2015

Particular

Rs. 

Rs. 

Overdraft as per Cash Book (Cr.)

 

1,800

Add: Cheque deposited but not cleared

770

 

 Interest on overdraft charged by bank

30

800

 

 

2,600

Less: Cheque issued but not presented

360

 

 Directly deposited by a customer in bank

500

860

Overdraft as per Pass Book (Dr.) 

 

1,740

 

Answered by  | 1st Jul, 2016, 05:14: PM