On 30th June 2024, the bank balance as per Sanjay Yadav’s Cash Book was ₹ 1,500. On comparing with the Pass Book the following information was received

On 30th June 2024, the bank balance as per Sanjay Yadav’s Cash Book was ₹ 1,500. On comparing with the Pass Book the following information was received:-

(1) Cheques amounting to ₹ 7,290 were issued on 28th June, of which one cheque of ₹ 1,300 was presented in the bank for payment on 4th July.

(2) Cheques deposited into bank for ₹ 10,000, but of these cheques for ₹ 4,000 were cleared and credited in July.

(3) Interest and Dividend on investments ₹ 580 collected by bank and credited to his account but he did not have any information for this.

(5) Life Insurance Premium ₹ 750 paid by bank according to his standing orders.

(6) Bank Charges ₹ 25 not recorded in the Cash Book.

Prepare a Bank Reconciliation Statement.

[Ans. Overdraft (Dr. Balance) as per Pass Book ₹ 1,395.]