On 30th June, 1994, the bank column of Mohan Kapoor's cash book showed a debit balance of Rs 12,000. On cheching the cash book with bank statement ryou find that:-

  1. Cheques paid into bank Rs 8,000, but out of these only cheques of Rs 6,500 were cleared and credited bt hte bankers upto 30th June.
  2. Cheques of Rs 9,200 were issued but out of these anly cheques of Rs 7,000 were presented for payment pto 30th June.
  3. The receipt column of the cash book has been undercast by Rs 200.
  4. The pass book shows a credit of Rs 330 as interest on investments collected by bankers and debit of Rs 60 for bank charges.
  5. On 29th June a customer deposited Rs 3,000 direct in the bank account but it was entered only in the Pass book.

Bank Reconciliation Statement

as on June 30, 1994

Particulars

Amount

(Rs)

Amount

(Rs)

Balance as per the Cash Book (Dr.)

12,000

 

Add : Transaction increasing balances of Given Book (i.e. Cash Book)

 

 

  1. Cheques issued, but not yet presented for payment. [9,200 – 7,000]

2,200

 

Cash Book Under cast.

200

 

Interest collected by the bank, but not yet recorded in the cash book.

330

 

Amount received by the bank directly from trade debtors.

3,000

 

 

 

 

Less : Transactions reducing Balances of Given Book (i.e. Cash Book)

 

 

  1. Cheques deposited, but not yet credited by the bank. [8,000 – 6,500]

 

1,500

Bank charges not yet recorded in the cash book.

 

60

Closing Balance of Bank Statement (Cr.)

 

16,170

 

17,730

17,730

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