Prepare a bank reconciliation statement from the following particulars and show the balance as per cash book. 1. Balance as per passbook on December 31, 2017 overdrawn ₹ 20,000. 2. Interest on bank overdraft not entered in the cash book ₹ 2,000. 3. ₹ 200 insurance premium paid by bank has not been entered in the cash book. 4. Cheques drawn in the last week of December, 2017, but not cleared till date for ₹ 3,000 and ₹ 3,500. 5. Cheques deposited into bank on November, 2017, but yet to be credited on dated December 31, 2013 ₹ 6,000. 6. Wrongly debited by bank ₹ 500.

17. Prepare a bank reconciliation statement from the following particulars and show the balance as per cash book. 


1. Balance as per passbook on December 31, 2017 overdrawn ₹ 20,000. 


2. Interest on bank overdraft not entered in the cash book ₹ 2,000. 


3. ₹ 200 insurance premium paid by bank has not been entered in the cash book. 


4. Cheques drawn in the last week of December, 2017, but not cleared till date for ₹ 3,000 and ₹ 3,500. 


5. Cheques deposited into bank on November, 2017, but yet to be credited on dated December 31, 2017 ₹ 6,000. 


6. Wrongly debited by bank ₹ 500. 


Solution: Bank Reconciliation Statement 

No. 

Particulars 

(+)  

Amount 

(₹) 

(-)  

Amount 

(₹) 

 

Overdraft as per the Pass Book 

 

20,000 

1 

Interest on bank overdraft not entered in the cash book ₹ 2,000. 

 

2,000 

 

2 

insurance premium paid by bank has not been entered in the cash book 

200 

 

3 

Cheques issued but not presented for payment 

 

6,500 

4 

Cheques deposited but not cleared 

6,000 

 

5 

Wrongly debited by bank ₹ 500 

500 

 

 

 

 

 

 

Overdraft as per the Cash Book 

17,800 

 

 

 

26,500 

26,500 

 

 

 

 

 

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