Page 111 - ISCDEBK-XI

Bank Reconciliation Statement 14.15

Solution: BANK RECONCILIATION STATEMENT
as on 31st March, 2022
Particulars Plus Minus
Items (`) Items (`)
Balance as per Cass Book (Dr.) 47,484
(a) Cheque deposited on 26th March but not yet collected till 31st March 9,000
(b) Cheque deposited on 27th March but not yet collected till 31st March 1,200
(c) Cheque issued on 25th March but not yet presented for payment till 31st March 3,000
(d) Cheque issued on 26th March but not yet presented for payment till 31st March 20,400
(e) A cheque entered in Cash Book but omitted to be banked 1,200
(f) A cheque deposited into bank but omitted to be entered in Cash Book 720
(g) Discounted Bill Receivable dishonoured, not yet entered in Cash Book 624
(h) Rebate on bill not entered in Cash Book 180
(j) Cheque drawn on Savings Bank Account but recorded in Current Account 240
(k) Bill discounted but full amount debited in Cash Book 200
Balance as per Bank Pass Book (Cr.) (` 72,024 – ` 12,224) 59,800
72,024 72,024
Note: Cheque of ` 1,296 in Point No. (i) credited in Bank Pass Book on 27th March, later debited in Bank Pass Book on
1st April, has no effect on Bank Reconciliation Statement as at 31st March, 2022.

Illustration 12.
Sen reconciled each month Cash Book with the Bank Statement. His Bank Reconciliation
Statement for the month of November, 2021 was as follows:
Particulars ` `
Bank Balance (Overdraft) as per Bank Statement on 30th November, 2021 53,000
Add: Cheques issued but yet to be presented to the Bank for Payment:
Kar 1,080
Bose 2,200
Das 520 3,800
56,800
The following is the extract of Bank column in the Cash Book for December, 2021 and a copy
of the Bank Statement for the same month:
Dr. CASH BOOK (BANK COLUMN ONLY) Cr.
Date Particulars L.F. ` Date Particulars L.F. `
2021 2021
Dec. 1 To X 32,000 Dec. 1 By Balance b/d 56,800
Dec. 4 To Y 10,000 Dec. 5 By A 580
Dec. 5 To Z 22,000 Dec. 8 By B 820
Dec. 19 To P 3,000 Dec. 16 By C 1,200
Dec. 23 To Q 7,000 Dec. 23 By D 3,500
Dec. 29 To R 4,200 Dec. 29 By E 650
Dec. 31 By Balance c/d 14,650
78,200 78,200