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Bank Reconciliation Statement                                                  13.5

                     Solution:          BANK RECONCILIATION STATEMENT as on 31st March, 2024
                     Particulars                                                       Plus Items  Minus Items
                                                                                          `        `
                     Bank Overdraft as per Cash Book (Cr.)                                         7,640
                     Cheques deposited but not credited                                           10,000
                     Interest on securities collected by the bank but not recorded in the Cash Book      1,080
                     Credit transfer not recorded in the Cash Book                         200
                     Dividend collected by the bank directly but not recorded in the Cash Book      1,000
                     Cheques issued but not presented for payment                        37,400
                     Interest debited by the bank but not recorded in the Cash Book                1,000
                     Bank charges not recorded in Cash Book                                         340
                     Bank Balance as per Pass Book (Cr.) (` 39,680 – ` 18,980)                   20,700
                                                                                         39,680   39,680

                      4.  On 31st March, 2024, the Cash Book of a merchant showed a debit balance of ` 8,500.
                        On comparing the Cash Book with the Bank Pass Book, the following discrepancies
                        were noted:
                           (i)  Cheques issued for ` 6,000 were not presented at bank by 31st March, 2024.
                          (ii)  Cheques for ` 8,000 were deposited in bank but were not cleared.
                          (iii)  ` 20,000 being the proceeds of a cheque collected appear in the Pass Book
                              but not in the Cash Book.
                          (iv)  A cheque for  ` 1,000 received from  X & Co. and deposited  in Bank was
                              dishonoured.  No  advice of  non-payment was  received from  bank  till  the
                              1st of next April, 2024.

                           (v)  The bank has paid a bill amounting to ` 4,500 but it has not been entered
                              in the Cash Book.
                          (vi)  A cheque for ` 8,000 which was discounted with the bank was due this month.
                              It was dishonoured by the drawee on due date.
                         (vii)  A cheque for ` 5,100 was paid into bank but the bank credited the amount
                              with ` 5,010 by mistake.
                         (viii)  A cheque for ` 500 was deposited into bank but the same was credited to a
                              wrong account.
                          (ix)  ` 2,000 was deposited by a customer directly into bank.
                           (x)  The bank received interest on debentures on behalf of the trader the amount
                              being ` 2,500.
                          (xi)  A cheque for ` 1,500 received from a customer deposited into bank but the
                              same was not entered into the Cash Book.
                         (xii)  The bank paid ` 1,250 by way of Insurance Premium.
                         (xiii)  The bank charged ` 90 as their commission for collecting outstation cheques
                              and allowed interest of ` 100 on the trader’s balance.
                         (xiv)  A cheque for ` 250 entered into the Cash Book was omitted to be banked.
                         Prepare a Bank Reconciliation Statement and show the balance as per Pass Book.
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