The bank passbook of M/s. Boss & Co. showed a balance of 45,000 on May 31, 2017
1. Cheques issued before May 31, 2017, amounting to 25,940 had not been presented for encashment.
2. Two cheques of 3,900 and 2,350 were deposited into the bank on May 31 but the bank gave credit for the same in June, 2017.
3. There was also a debit in the passbook of 2,500 in respect of a cheque dishonoured on 31.5.2017. Prepare a bank reconciliation statement as on May 31, 2017.

Explanation