The passbook of Mr. Mohit current account showed a credit Balance of Rs. , on dated December , . Prepare a Bank Reconciliation Statement with the following information.
(i) A cheque of Rs. drawn on his saving account has been shown on current account. (ii) He issued two cheques of Rs. and Rs.
on of December , but only the I st cheque was presented for payment. (iii) One cheque issued by Mr. Mohit of Rs. on December , but it was not presented for payment whereas it was recorded twice in the cash book.
( Ans: Balance as per cash book Rs. , ). Unfavourable balance of cash book . On Ist January , Rakesh had an overdraft of Rs.
, as showed by his cash book. Cheques amounting to Rs. , had been paid in by him but were not collected by the bank by January , . He issued cheques of Rs.
which were not presented to the bank for payment up to that day. There was a debit in his passbook of Rs. for interest and Rs. for bank charges.
Prepare bank reconciliation statement for comparing both the balance. ( Ans : Overdraft as per passbook Rs. , ) . Prepare bank reconciliation statement.
(i) Overdraft shown as per cash book on December , Rs. , . (ii) Bank charges for the above period also debited in the passbook Rs. .
(iii) Interest on overdraft for six months ending December , Rs. debited in the passbook. (iv) Cheques issued but not incashed prior to December , amounted to Rs. , .
(v) Interest on Investment collected by the bank and credited in the passbook Rs. . (vi) Cheques paid into bank but not cleared before December, were Rs. , .
( Ans: overdraft as per passbook Rs. , ). . Kumar find that the bank balance shown by his cash book on December , is Rs.
, (Credit) but the passbook shows a difference due to the following reason: A cheque (post dated) for Rs. , has