The following solved illustrations will help you understand dealing with

The following solved illustrations will help you understand dealing with favourable balance as per cash book and passbook. Illustration From the following particulars of Mr. Vinod, prepare bank reconciliation statement as on March , . Bank balance as per cash book Rs. , . Cheques issued but not presented for payment Rs. , . The bank had directly collected dividend of Rs. , and credited to bank account but was not entered in the cash book. Bank charges of Rs. were not entered in the cash book. A cheques for Rs. , was deposited but not collected by the bank. Solution Bank Reconciliation Statement of Mr. Vinod as on March , – Balance as per cash book , Cheques issued but not presented for payment , Dividends collected by the bank , Cheque deposited but not credited by the bank , Bank charges debited by the bank . Balance as per passbook. , , , Illustration From the following particulars of Anil & Co. prepare a bank reconciliation statement as on August , . Balance as per the cash book Rs. , . Rs. bank incidental charges debited to Anil & Co. account, which is not recorded in cash book. Cheques for Rs. , is deposited in the bank but not yet collected by the bank. A cheque for Rs. , is issued by Anil & Co. not presented for payment. Solution Bank Reconciliation Statement of Anil & Co. as on August , (+) (–) Balance as per cash book , - Cheqeus issued but not presented for payment , - Cheques deposited but not credited by the bank - , Bank incidental charges debited by the bank - Balance as per passbook - , , , Illustration The bank passbook of M/s. Boss & Co. showed a balance of Rs. , on May , . Cheques issued before May , , amounting to Rs. , had not been presented for encashment. Two cheques of Rs. , and Rs. , were deposited into the bank on May but the bank gave credit for the same in June, . There was also a debit in the passbook of Rs. , in respect of a cheque dishonoured on . . . Prepare a bank reconciliation statement as on May , . Solution Bank Reconciliation Statement of Bose & Co as on May , (+) (–) Balance as per passbook , Cheques deposited but not collected by the bank , (Rs. , + Rs. , ) Cheque dishonoured recorded only in passbook , Cheques issued but not presented for payment , Balance as per cash book , , ,