From the following particulars prepare Bank Reconciliation Statement as on 30th June 2019
1. Credit balance as per Pass Book ₹20,000.
2. A cheque for ₹3,500 was issued and paid by bank, recorded in Pass Book as ₹5,300.
3. Cheque deposited ₹9,700 collected by bank was not recorded in Cash Book.
4. Payment side of Cash Book was undercast by ₹100.
5. Electricity bill paid by bank ₹6,200 was recorded twice in Pass Book.
Solution：
Bank Reconciliation Statement as on 30th June 2019.
Particulars | Amount (₹) | Amount (₹)
|
Bank Balance as per Pass Book |
| 20,000 |
ADD 1. A cheque issued for ₹3,500, recorded as ₹5,300 | 1,800 |
|
2. Electricity bill paid by bank was recorded in pass book twice | 6,200 |
|
3. Cash book Payment side is undercast | 100 | 8,100 |
LESS 1. Cheque deposited in bank but not recorded in cash book |
| 28,100 (9,700) |
Bank Balance as per Cash Book |
| 18,400 |
|
|
|
Calculation:
1. A cheque for ₹3,500 was issued and paid by bank, recorded in Pass Book as ₹5,300.
Amount recorded in pass bookー ₹5,300
Amount of chequeー ₹3,500
Since the amount in pass book is recorded wrong.
5,300
(3,500)
1,800