I.

Prepare a bank reconciliation statement as on 31 st march 2020

1. Debit balance as per cash book-372000
2. Cheques issued to creditors but not yet presented to the bank for payments-72000
3. Dividend received by bank but not entered in the cash book-5000
4. Interest allowed by bank-1250
5. Cheques deposited into bank for collection but not collected by bank up to this date-15400
6. Bank charges-200
7. Cheque deposited into bank was dishonored but no intimation received-320
8. Bank paid house tax on our behalf but no information received from bank in this connection-
350

Bank reconciliation statement as on 31st march 2020

Particulars Item+ Item-

Balance as per cash book 372000
Add: Cheque issued but not yet presented for payment 72000
Add: Dividend received by the bank but not entered in the 5000
cash book
Add: Interest allowed by the bank 1250
Less: Cheque deposited into bank but not yet collected by 15400
the bank
Less: Bank Charges 200
Less: Cheque deposited into bank but dishonored 320
Less: payment of house tax by bank on our behalf not 350
entered in the cash book
Total 450250 16270
Balance as per pass book(Credit) 433980

II. Page 12.45, Sum number 9

Solution:

Bank reconciliation statement as on 31st July, 2018

Particulars Item+ Item-

Balance as per pass book 50000
Less: Three cheques issued in July but not presented 11462
for payment in the same month
Add: Two cheques sent for collection but not entered 1150
in the pass book by July.
Add: Bank charged for commission not entered in the 460
cash book
Less: Bank allowed interest not entered in cash book 100
Total 51610 11562
Balance as per cash book (Credit) 40048
From the following information supplied by Sanjay prepare his bank reconciliation statement as on
31st December 2016

1. Bank overdraft as per pass book-16500

2. Cheques issued but not presented for payment-8750
3. Cheque deposited with the bank but not collected-10500
4. Cheques recorded in the cash book but not sent to the bank for collection-2000
5. Payments received from customers directly by the bank-3500
6. Bank charges debited in the pass book-200
7. Premium on life insurance policy of Sanjay paid by the bank on standing advice-1980
8. A bill for Rs. 3000 discounted with the bank in November dishonored on December 31 st 2016
and charges paid by the bank Rs. 100

Solution:

Bank reconciliation Statement as on 31st December 2016

Particulars Item+ Item-

Overdraft as per pass book 16500
Less: Cheques issued but not presented for payment 8750
Add: Cheque deposited with the bank but not yet 10500
collected by the bank
Add: Cheques recorded in the cash book but not sent to 2000
the bank
Less: Payment received directly in the bank but not 3500
entered in the cash book
Add: Bank charges debited by the bank not entered in 200
the cash book
Add: Payment of life insurance premium of Sanjay on 1980
standing advice
Add: Bill discounted by the bank in November is 3000
dishonored on December
Add: charges paid by the bank 100
Overdraft as per cash book 10970
28750 28750

Sum no. 14 page 12.47

On 1st jan naresh had a overdraft pass book balance of