On 31st March, 2023, Bank Pass Book of Naresh & Co. showed an overdraft of ₹ 1,07,000.From the following information, prepare Bank Reconciliation Statement:

(i) Cheques issued before 31st March, 2023 but presented for payemnt after that date amounted to ₹ 9,000.

(ii) Cheques paid into Bank but not collected and credited until 31st March, 2023 amounted to ₹ 22,000.

(iii) Interest on bank overdraft amounting to ₹ 12,000 was not recorded in the Cash Book.

(iv) ₹ 50,000 being interest on investments collected by the bank and credited in the Bank Pass Book were not shown in the Cash Book.

(v) Bank charges of ₹ 500 were not recorded in the Cash Book.

(vi) ₹ 8,000 in respect of dishonoured cheque were entered in the Bank Pass Book but not in the Cash Book.

Anurag Pathak Changed status to publish October 24, 2023
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