Question

On 31st Jaunary, 2019, the Pass Book of Rajender shows a debit balance of Rs. 41,000. Prepare Bank Reconcilation Statement from the following particulars:
(i) Cheques amounting to Rs. 15,600 were drawn on 27th January, 2019. Out of which cheques for Rs. 11,000 were encashed up to 31st January, 2019
(ii) A wrong denit Rs. 800 has been given by the bank in the Pass Book
(iii) A cheque for Rs. 200 was credited in the Pass Book but was not recorded in the Cash Book.
(iv) Cheques amounting to Rs. 21,000 were deposited for collection. But out of these, cheques for Rs. 7,400 have been redited in the Pass Book on 5th February, 2019.
(v) A cheque for Rs. 1,000 was returned dshounourd by the bank and was debited in the Pass Book only.
(vi) Interest on overdraft and bank charges amounted to Rs. 100 were not ientered in the Cash Book.
(viii) A cheque of Rs. 500 debited in the Cash Book was omitted to be banked.

Answer 1

Note : Bank has wrongly debited the Pass Book Rs. 800. it means, Pass Book balance is lower by Rs. 800. To arrive at the Cash Book balance, Rs. 800 will be shown on the Plus side....