From the following information, find out corrected bank balance as per the Cash Book and thereafter prepare Bank Reconciliation Statement as on 31st March, 2026 of a sole proprietor:
From the following information, find out corrected bank balance as per the Cash Book and thereafter prepare Bank Reconciliation Statement as on 31st March, 2026 of a sole proprietor:
| ₹ | ||
| 1 | Bank overdraft as per the Cash Book. | 80,000 |
| 2 | Cheques deposited as per the bank statement but not entered in the Cash Book. | 3,000 |
| 3 | Cheques recorded for collection but not sent to the bank. | 10,000 |
| 4 | Credit side of bank column casted short. | 1,000 |
| 5 | Bank charges recorded twice in the Cash Book. | 100 |
| 6 | Customer’s cheque returned as per the Bank Statement. | 4,000 |
| 7 | Cheques issued but dishonoured on technical grounds. | 3,000 |
| 8 | Bills collected by bank directly. | 20,000 |
| 9 | Cheque received entered twice in the Cash Book. | 5,000 |
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