On 31st December, 2022, Pass Book shows a debit balance of ₹ 7,500. From the following particulars, prepare a Bank Reconciliation Statement
On 31st December, 2022, Pass Book shows a debit balance of ₹ 7,500. From the following particulars, prepare a Bank Reconciliation Statement:
(i) Cheques of ₹ 25,000 were deposited in bank but cheques of ₹ 7,800 were credited on 3rd January, 2023.
(ii) A cheque of ₹ 1,000 debited in Cash Book was omitted to be banked.
(iii) Cheques of ₹ 8,000 were drawn on 27th December 2022 of which cheques of ₹ 2,600 were presented for payment up to 31st December 2022.
(iv) A cheque of ₹ 800 was banked and credted, but omitted to be recorded in Cash Book.
(v) Bank charged interest on overdraft ₹ 650.
Anurag Pathak Changed status to publish October 24, 2023
