Question

Prepare Bank Reconciliation Statement of Mr. Syam on 31, March 2009 from the following details.

1. On 31/3/2009 his passbook show a credit balance of Rs. 1,150 Which was different from his cash book balance.

2. On comparison it was found that the cheque of Rs. 1,500 issued on 27^th March was paid by the bank oh 4^th April.

3. Cheques amounting to Rs. 1,700 were deposited . on 28^th March but in the passbook only Rs.
700 was credited.

4. A customer made direct deposit in the bank on 31^st March amounting to Rs. 500, this was not recorded in the cash book.

A discounted bill receivable of Rs. 700 was returned dishonored to the bank on 29^th March. This entry was made in the cash book on 3^rd April.

Answer 1

Bank Reconciliation Statement of Mr. Syam as on 31/03/09

Particulars		Amount	Amount
Add	Balance as per pass Book		1,150
	Cheques deposited but not credited in the pass book	1,000
	Bill receivable discounted dishonoured	700	1,700
			2,850
Less	Cheques issued but not cashed	1500
	Deposti made direct into bank and entered into cash book	500	2000
	Balance as per cash book		850