On 30th June, 2024, the pass book of Nataraj showed a bank overdraft of ₹ 46,000. The following additional information is available. You are required to prepare a bank reconciliation statement as on the above mentioned date:
On 30th June, 2024, the pass book of Nataraj showed a bank overdraft of ₹ 46,000. The following additional information is available. You are required to prepare a bank reconciliation statement as on the above mentioned date:
(i) Out of total cheques issued, cheques for ₹ 22,000 have not been presented for payment so far.
(ii) Cheques paid into bank for collection, but not yet cleared total ₹ 31,000.
(iii) Bank has charged ₹ 2,300 as interest on overdraft, it does not appear in cash book.
(iv) A customer has directly deposited ₹ 8,300 with bank in Nataraj’s account for which there is no entry in cash book.
(v) Dividend on shares collected by bank and credited in the pass book amounts to ₹ 2,000 for which no intimation has been given to Nataraj so far.
[Ans. Overdraft as per Cash Book ₹ 45,000.]
Anurag Pathak Answered question
