Question

Prepare bank reconciliation statement as on 31st March, 2017 from the following extracts of cash book and bank statement.

Dr.	Cash book (Bank column only)				Cr.
Date	Receipts	Amount ₹	Date	Payments	Amount ₹
2017 March			2017 March
1	To Balance b/d	9,000	4	By Drawings	1,700
3	To Ram	2,200	8	By Sumi	3,300
9	To Prem	1,500	12	By Salary	2,800
16	To Pavithra	3,400	16	By Kayal	1,700
23	To Devi	2,600	18	By Pooja	4,200
27	To Mani	1,100	26	By Sam	2,000
30	To Shankar	350	28	By Raheem	1,100
			30	By Rent	1,100
			30	By Balance c/d	2,250
		20,150			20,150

 

Date	Particulars	Dr. Withdrawals ₹	Cr. Deposits ₹	Balance Dr./Cr.
2017 March
1	By balance b/d			9,000 Cr.
4	To cheque- drawings			8,300 Cr.
5	By cheque- Ram	700	2,200	10,500 Cr.
9	To cheque – Sumi			7,200 Cr.
11	By cheque- Prem	3,500	1,500	8,700 Cr.
12	To cheque – Salary			5,900 Cr.
17	To cheque – Kayal	2,800		4,200 Cr.
20	By cheque- Devi	1,700	2,600	6,800 Cr.
30	By interest received		900	7,700 Cr.
30	To bank charges	15		7,685 Cr.

Answer 1

Bank reconciliation statement
as on 31st March, 2017

Particulars	Amount ₹	Amount ₹
Balance as per cash book		2,250
Add:
Interest received but not entered in cashbook	900	10,300
Cheques issued but not presented for payment (4,200 + 1,100 + 2,000)	7,300
Cheques drawn for personal use but not cashed	1,000
Rent paid by cheque but not entered in cash book	1,100
		12,550
Less:
Cheques deposits but not yet credited	3,400	4,865
Cheques deposited but not credited	1,100
Cheques deposited but not credited	350
Bank charges not entered in cash book	15
Balance as per bank statement		7,685