book but not sent to the bank for collection Rs. , . (iii) Received a payment directly from customer Rs. , .
(iv) Cheque issued but not presented for payment Rs. , . (v) Interest credited by the bank Rs. .
(vi) LIC paid by bank Rs. , . (vii) Cheques deposited with the bank but not collected Rs. , .
(Ans: Overdraft as per cash book Rs. , ). . Raghav & Co.
have two bank accounts. Account No. I and Account No. II.
From the following particulars relating to Account No. I, find out the balance on that account of December , according to the cash book of the firm. (i) Cheques paid into bank prior to December , , but not credited for Rs. , .
(ii) Transfer of funds from account No. II to account no. I recorded by the bank on December , but entered in the cash book after that date for Rs. , .
(iii) Cheques issued prior to December , but not presented until after that date for Rs. , . (iv) Bank charges debited by bank not entered in the cash book for Rs. .
(v) Interest Debited by the bank not entered in the cash book Rs. . (vi) Overdraft as per Passbook Rs. , .
( Ans: Overdraft as per cash book Rs. , ). . Prepare a bank reconciliation statement from the following particulars and show the balance as per cash book.
(i) Balance as per passbook on December , overdrawn Rs. , . (ii) Interest on bank overdraft not entered in the cash book Rs. , .
(iii) Rs. insurance premium paid by bank has not been entered in the cash book. (iv) Cheques drawn in the last week of December, , but not cleared till date for Rs. , and Rs.
, . (v) Cheques deposited into bank on November, , but yet to be credited on dated December , Rs. , . (vii) Wrongly debited by bank Rs.
. ( Ans: Overdraft as per cash book Rs. , ). .
The passbook of Mr. Randhir showed an overdraft of Rs. , on March