Prepare Bank Reconciliation Statement from the following particulars on 31st July, 2023: Balance as per the Pass Book ₹ 50,000.

Prepare Bank Reconciliation Statement from the following particulars on 31st July, 2023:

(i) Balance as per the Pass Book ₹ 50,000.

(ii) Three cheques for ₹ 6,000; ₹ 3,937 and ₹ 1,525 issued in last week of July, 2023 were presented for payment to the Bank in August, 2023.

(iii) Two cheques of ₹ 500 and ₹ 650 sent to the bank for collection were not entered in the Pass Book by 31st July, 2023.

(iv) The bank charged ₹ 460 for its commission and allowed interest of ₹ 100 which were not mentioned in the Bank Column of the Cash Book.

[Balance as per Cash Book – ₹ 40,048.]