Overdraft shown by the passbook of Mr. Murli is ₹ 20,000. Prepare bank reconciliation statement on dated December 31, 2017. 1) Bank charges debited as per passbook ₹ 500. 2) Cheques recorded in the cash book but not sent to the bank for collection ₹ 2,500. 3) Received a payment directly from customer ₹ 4,600. 4) Cheque issued but not presented for payment ₹ 6,980. 5) Interest credited by the bank ₹ 100. 6) LIC paid by bank ₹ 2,500. 7) Cheques deposited with the bank but not collected ₹ 3,500.

 15. Overdraft shown by the passbook of Mr. Murli is ₹ 20,000. Prepare bank reconciliation statement on dated December 31, 2017. 


1) Bank charges debited as per passbook ₹ 500. 


2) Cheques recorded in the cash book but not sent to the bank for collection ₹ 2,500. 


3) Received a payment directly from customer ₹ 4,600.

 
4) Cheque issued but not presented for payment ₹ 6,980. 


5) Interest credited by the bank ₹ 100. 


6) LIC paid by bank ₹ 2,500. 


7) Cheques deposited with the bank but not collected ₹ 3,500. 


Solution: Bank Reconciliation Statement 
In the Books of Mr. Mruli as on December 31, 2017.  

 

No. 

Particulars 

(+) Amount (₹) 

(-) Amount (₹) 

 

Overdraft as per the Pass Book 

 

20,000 

1 

Bank charges debited as per passbook ₹ 500 

500 

 

2 

Cheques recorded in the cash book but not sent to the bank for collection ₹ 2,500 

2,500 

 

3 

Received a payment directly from customer 

 

4,600 

4 

Cheque issued but not presented for payment 

 

6,980 

5 

Interest credited by the bank ₹ 100 

 

100 

6 

LIC paid by bank ₹ 2,500 

2,500 

 

7 

Cheques deposited with the bank but not collected ₹ 3,500 

3,500 

 

 

 

 

 

 

Overdraft as per the Cash Book 

22,680 

 

 

 

31,680 

31,680 

 

 

 

 

Comments

Popular posts from this blog

Sun and Moon are Partners in Partnership Firm sharing Profits and Losses equally. You are required to give effects of Adjustments with the help of following information

CLASS 11th BOOK KEEPING & ACCOUNTANCY

Accounts Solutions | Class 12th Book-Keeping and Accountancy | Maharashtra Board HSC |

Virat Kohli - Profile Information

Attribute Details
Name Virat Kohli
Born November 5, 1988 (35 years)
Birth Place Delhi, India
Height 5 ft 9 in (175 cm)
Role Batsman
Batting Style Right Handed Bat
Bowling Style Right-arm medium