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Bank Reconciliation Statement 14.17

BANK RECONCILIATION STATEMENT
as on 31st December, 2021
Particulars ` `
Bank Overdraft as per the Amended Cash Book 15,410
Less: Cheque issued but yet to be presented for payments 5,490 5,490
9,920
Add: Cheque deposited but not yet credited by the bank 4,200 4,200
Bank Balance as per the Bank Statement (Dr.) 14,120

Unsolved Questions

1. From the following particulars, prepare Bank Reconciliation Statement as on 31st March, 2022:
(i) Bank balance as per Cash Book ` 25,450.
(ii) A number of cheques were deposited in the Bank but on 31st March, 2022, a cheque for ` 500 was
not credited in the Pass Book.
(iii) Several cheques aggregating ` 5,000 were issued but only cheques for ` 4,500 were presented to
Bank for payment.
(iv) The Bank had directly collected dividend ` 400 and interest ` 300 but this was not entered in the
Cash Book.
(v) In accordance with instructions, the Bank had honoured a Bill for ` 2,000 but the debit note was sent
to the trader only on 2nd April, 2022.
(vi) Bank charges ` 20 were not entered in the Cash Book.
(vii) The debit balance for November was shown short in the Cash Book by ` 300.
(viii) The Bank Pass Book revealed that a cheque for ` 250 received from a person had been dishonoured,
but no entry was passed in the Cash Book.
2. Prepare Bank Reconciliation Statement as on 30th September, 2021 from the following particulars:
`
(i) Bank balance as per Bank Pass Book. 10,000
(ii) Cheque deposited into the Bank, but no entry was passed in the Cash Book. 500
(iii) Cheque received and entered in the Cash Book but not sent to bank. 1,200
(iv) Credit side of the Cash Book bank column casted short. 200
(v) Insurance premium paid directly by the bank under the standing advice. 600
(vi) Bank charges entered twice in the Cash Book. 20
(vii) Cheque issued but not presented to the bank for payment. 500
(viii) Cheque received entered twice in the Cash Book. 1,000
(ix) Bill discounted dishonoured not recorded in the Cash Book. 5,000
3. From the following particulars of a trader, prepare Bank Reconciliation Statement as on 31st March, 2022:
(i) Bank overdraft as per Cash Book ` 52,100.
(ii) During the month, cheques for a total amount of ` 94,400 were deposited into the bank, but of these,
one cheque for ` 11,160 has been entered into the Bank Pass Book on 5th April.