Prepare a Bank Reconciliation Statement from the following particulars:- On 31st December 2024, I had an overdraft of ₹ 750 as shown by my Pass Book

Prepare a Bank Reconciliation Statement from the following particulars:-

On 31st December 2024, I had an overdraft of ₹ 750 as shown by my Pass Book. I had issued cheques amounting to ₹ 250 of which ₹ 200 worth only seem to have been presented for payment. Cheques amounting to ₹ 100 had been paid in by my on 30th December, but of these only ₹ 75 were credited in the Pass Book. I also find that a cheque for ₹ 10 which I had debited to bank account in my books has been omitted to be banked. There is a debit of ₹ 25 in my Pass Book for interest.

An entry of ₹ 30 of a payment by a customer direct into the bank appears in the Pass Book. My Pass Book also shows a credit of ₹ 60 to my account for interest on investments directly collected by my bankers.

[Ans. Overdraft as per Cash Book ₹ 830.]

Solution:-