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From the following information provided ...

From the following information provided by Gokul, prepare his Bank Reconciliation Statement as on 31st March 2019
`{:(,,Rs),((i),"Bank overdraft as per Pass Book", "16,500"),((ii),"cheques issue but not presented for payment for payment.","8,750"),((iii),"Cheques deposited with the bank but not collected." ,"10,500"),((iv),"cheques recorded in the Cash Book but not sent to the bank for collection.","2,000"),((v),"Payment received from customers directly but the bank.","3,500"),((vi),"Bank charges debited in the Pass Book.","200 "),((vii),"Premium on life policy of Gokul paid by the bank on standing advice.","1,980"),((viii)," A bill Rs. 3,000 (discounted with the bank for Rs. 2,850 in February) dishonoured on 31st March,2019 and noting charges paid by the bank.","100"),((ix),"Bank debited Caer loan instalment of rs. 15,700 including interest of rs. 2,700, which is not recorded in Cash Book.",""):}`

Text Solution

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Though the bill was discounted for Rs. 2,850 at the time of dishonour, the bank will debit Customer's Account for the full value of bill (including Nothings charges), that is Rs, 3,100
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