with passbook the following discrepancies were noted : (a) Cheque deposited in bank but not credited Rs. , (b) Cheque issued but not yet present for payment Rs. , (c) Insurance premium paid by the bank Rs. , (d) Bank interest credit by the bank Rs.
(e) Bank charges Rs. (d) Directly deposited by a customer Rs. , ( Ans: Balance as per passbook Rs. , ).
Bank balance of Rs. , showed by the cash book of Atul on December , . It was found that three cheques of Rs. , , Rs.
, and Rs. , deposited during the month of December were not credited in the passbook till January , . Two cheques of Rs. , and Rs.
, issued on December , were not presented for payment till January , . In addition to it bank had credited Atul for Rs. as interest and had debited him with Rs. as bank charges for which there were no corresponding entries in the cash book.
Prepare a bank reconciliation statement as on December , . ( Ans: Balance as per passbook Rs. , ). On comparing the cash book with passbook of Naman it is found that on March , , bank balance of Rs.
, showed by the cash book differs from the bank balance with regard to the following : (a) Bank charges Rs on March , , are not entered in the cash book. (b) On March , , a debtor paid Rs. , into the company’s bank in settlement of his account, but no entry was made in the cash book of the company in respect of this. (c) Cheques totaling Rs.
, were issued by the company and duly recorded in the cash book before March , , but had not been presented at the bank for payment until after that date. (d) A bill for Rs. , discounted with the bank is entered in the cash book with recording the discount charge of Rs. .
(e) Rs. , is entered in the cash book as paid into bank on March