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Overdraft as per the passbook is less th...

Overdraft as per the passbook is less than the overdraft as per cash book when there are cheques deposited but not collected by the banker.

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From the following particulars of Asha & Co. prepare a bank reconciliation statement on December 31, 2017. Overdraft as per passbook 20,000 Interest on overdraft 2,000 Insurance Premium paid by the bank 200 Cheque issued but not presented for payment 6,500 Cheque deposited but not yet cleared 6,000 Wrongly debited by the bank 500

On checking the Bank Pass Book it was found that it showed an overdraft Rs. 5,220 as on 31st March, 2019 while as per Ledger it was different. The following differences were noted : (i) Cheques deposited but not yet credited by the bank Rs. 6,000 Cheques dishonoured and debited by the bank but not given effect ot it in the Ledger Rs. 800 (iii) Bank charges debited by the Debit Memo not received fro the bank Rs. 50 (iv) Interest on overdraft excess credited in the Ldger Rs. 200 (v) Wrongly credited by the bank to account , deposite of some other party Rs. 900 (vi) Cheques issued but not presented for payment Rs. 400

Find out the Bank Balance as per Cash Book from the following particulars: (i) Overdraft as per Pass Book = ₹5,000 (ii) Cheques deposited into the bank but not credited = ₹2,000

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On March 31, 2017, Rakesh had on overdraft of 8,000 as shown by his cash book. Cheques amounting to 2,000 had been paid in by him but were not collected by the bank. He issued cheques of 800 which were not presented to the bank for payment. There was a debit in his passbook of 60 for interest and 100 for bank charges. Prepare bank reconciliation statement