On 31st August 2018 bank Pass Book of Mr. Ravi showed a credit balance of ₹33,600, but Cash Book Showed a different balance. On comparing the two books following differences were noticed:

On 31st August 2018 bank Pass Book of Mr. Ravi showed a credit balance of ₹33,600, but Cash Book Showed a different balance. On comparing the two books following differences were noticed

1. Cheque paid into the bank but not credited before 31st Aug 2018 amounted to ₹24,500.

2. Direct deposit by customer through NEFT ₹33,000 recorded in the Pass Book only.
3. Cheques issued on 28th Aug 2018 were presented for payment on 5th Sep. 2018 amounted to 38,800.
4. A bill receivable for ₹15,000 discounted with the bank was dishonoured on 30th Aug 2018. Intimation of the same was received only on 3rd Sep. 2018.
5. Pass Book credit side was overcast ₹2,000.
6. Bank debited bank Charges in Pass Book, was not recorded in Cash book.
 Prepare Bank Reconciliation Statement as on 31st August 2018.

Solution:

In the books of Mr. Ravi 

As on 31st August 2018.

Particulars	Amount₹	Amount₹
Bank Balance as per Pass Book		33,600
ADD 1. Cheque paid into bank but not credited to pass book	24,500
2. Bank charges paid by bank but not recorded in Cash Book	400
3. A bill receivable dishonored but an intimation of the same was received.	15,000	39,900
LESS 1. Direct de posited into bank by   customer.	33,000	73,500
2. Cheque issued but not resented for payment in this month.	38,800
3. Pass Book credit side was over casted	2,000	73,800
Bank Overdraft as Pass Book cash book		300

Bank Reconciliation Statement