On 31 march 2008, the cash book of Mr. Ram shows a Debit balance of Rs. 6790. On cross checking with pass book he finds following:-
i) Out of four cheque totalling Rs.5500 issued on 29 march 2008 only a cheque of Rs. 3200 has been presented debited by bank in pass book upto 31 march 2008.
ii) Two cheque of Rs. 1800 Rs.4800 respectively here deposited into bank nut only a cheque of Rs. 4200 was credited before 31 march 2008.
iii) A cheque of Rs.270 deposited and credited by bank was recorded as Rs. 217 in the cash book.
iv) As per our standing instruction Bank made direct payment of Insurance premium amounting to Rs. 350 and had not entered in the cash book.
v) Bank charges Rs.35 Bank Interest Rs. 730 appearing in the pass book not found in the cash book.
P
| Bank Reconciliation Statement as on March 31, 2008 |
|||
| S. No. | Particulars | Details (Rs) | Amount (Rs) |
| Debit Balance as per the Cash Book | 6,790 | ||
| Add: | |||
| Cheque issued but not yet presented for payment (5,500 – 3,200) | 2,300 | ||
| A cheque of Rs 270 deposited into the bank but in cash book recorded as Rs 217 (270 – 217) | 53 | 2,353 | |
| Less: | |||
| Cheque deposited into bank but not yet credited by the bank | (1,800) | ||
| Bank made direct payment of Insurance Premium as per standing order | (350) | ||
| Bank and Bank Interest debited by the bank but not recorded in the Cash Book | (765) | (2,915) | |
| Closing Balance as per Pass Book | 6,228 | ||