Bank Pass Book of Srijan showed an overdraft of ₹ 33,575 on 31st March, 2023, while going through the Bank Pass Book the accountant found the following:

(i) A cheque of ₹ 1,080 credited in the Pass Book on 28th March 2023, being dishonoured, is debited again in the Bank Pass Book on 1st April, 2023. There was no entry in the Cash Book about the dishonour of the cheque untill 15th April 2023.

(ii) Bank had credited his account with ₹ 2,800 for interest collected by them on his behalf, but the same had not been entered in his Cash Book.

(iii) Out of ₹ 20,500 paid in by Srijan in cash and by cheques on 31st March, 2023 cheques of ₹ 7,500 were collected on 7th April, 2023.

(iv) Out of cheques of ₹ 7,800 drawn by him on 27th March 2023, a cheque for ₹ 2,500 was encashed on 3rd April 2023.

(v) A cheque of ₹ 2,000 was debited in the bank column of Cash Book but it was not deposited in Bank.

Prepare Bank Reconciliation Statement on 31st March, 2023.

Anurag Pathak Changed status to publish October 24, 2023