Kumar found that the bank balance shown by his cash book on December 31, 2017 is ₹ 90,600 (Credit) but the passbook shows a difference due to the following reason: A cheque (post-dated) for ₹ 1,000 has been debited in the bank column of the cash book but not presented for payment. Also, a cheque for ₹ 8,000 drawn in favour of Manohar has not yet been presented for payment. Cheques totaling ₹ 1,500 deposited in the bank have not yet been collected and a cheque for ₹ 5,000 has been dishonoured.

 12. Kumar found that the bank balance shown by his cash book on December 31, 2017 is ₹ 90,600 (Credit) but the passbook shows a difference due to the following reason: 

A cheque (post-dated) for ₹ 1,000 has been debited in the bank column of the cash book but not presented for payment. Also, a cheque for ₹ 8,000 drawn in favour of Manohar has not yet been presented for payment. Cheques totaling ₹ 1,500 deposited in the bank have not yet been collected and a cheque for ₹ 5,000 has been dishonoured. 

 


Solution: Bank Reconciliation Statement  
In the Books of Kumar as on December 31, 2017 

 

No. 

Particulars 

(+) Amount (₹)  

(-) Amount (₹) 

 

Overdraft as per Cash Book 

 

90,600 

1. 

A cheque (post-dated) for ₹ 1,000 has been debited in the bank column of the cash book but not presented for payment 

 

1,000 

2. 

a cheque for ₹ 8,000 drawn in favour of Manohar has not yet been presented for payment 

8,000 

 

3. 

Cheques totaling ₹ 1,500 deposited in the bank have not yet been collected 

 

1,500 

4. 

cheque for ₹ 5,000 has been dishonored 

 

5,000 

 

 

 

 

 

Overdraft as per Passbook 

90,100 

 

 

 

98,100 

98,100 

 

 

 

 

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