Sarthaks Test
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Bank Pass Book of Mr. X showed an overdraft of Rs.33,575 on 31st March, 2015. On going through the Pass Book the accountant found the following:

i. A cheque of Rs.1,080 credited in the Pass Book on 28th March, being dishonoured is debited again in the Pass Book on 1st April, 2015. There was no entry in the Cash Book about the dishonour of the cheque until 15th April. 

ii. Bankers had credited his account with Rs.2,800 for interest collected by them on his behalf but the same had not been entered in his Cash Book. 

iii. Out of Rs.20,500 paid in by Mr. X in cash and by cheques on 31st March, cheques amounting to Rs.7,500 were collected on 7th April. 

iv. Out of cheques amounting to Rs.7,800 drawn by him on 27th March, a cheque for Rs.2,500 was encashed on 3rd April. Prepare Bank Reconciliation Statement on 31st March, 2015.

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Bank Reconciliation Statement as on March 31,2015

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