Question

From the following particulars, ascertain the bank balance as per Pass Book 31st March, 2015 

(a) without correcting the Cash Book balance and 

(b) after correcting the Cash Book balance: 

i. The bank balance as per Cash Book on 31st March, 2015 Rs. 40,000. 

ii. Cheques issued but not encashed up to 31st March, 2015 amounted to Rs.10,000. 

iii. Cheques paid into the bank, but not cleared up to 31st March, 2015 amounted to Rs.15,000. 

iv. Interest on investments collected by the bank but not entered in the Cash Book Rs.500. 

v. Cheques deposited in the bank but not entered in the Cash Book Rs.12,500. 

vi. Bank charges debited in the Pass Book but not entered in the Cash Book Rs.100.

Answer 1

a.Without correcting cash book balance

Bank Reconciliation Statement as on March 31,2015

b. After correcting cash book balance

Cash Book (Adjusted) for the month of March 31,2015

            

Bank Reconciliation Statement as on March 31,2015