Bank Pass Book of Mr. X showed an overdraft of Rs. 33,575 on 31st March 2018. 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, 2018. 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 interst collected by them on his behalf but the same had not been entered in his Cash Book.
(iii) Out of Rs. 20,500 paid by Mr. X in cash and by cheques on 31st March, cheque amounting to Rs.7,500 were collected on 7th April.
(iv) Out of chequs amounting to Rs. 7,800 drawn by him on 27th March, a cheque for Rs. 2,500 was enchased on 3rd April.
(v) A credit wrongly given by bank of Rs. 5,500 was reveresed by it on 6th April, 2018.
Prepare Bank Reconcilation Statement on 31st March, 2018.
