From the following infromation, prepare Bank Reconciliation Statement on 31st March, 2019
(i) On 31st March , 2019 Cash Book showed a bank balance of ₹ 12,000 (Dr.)
(ii) Out of the total cheques ₹ 10,000 issued cheques aggregating ₹ 3,000. were presented n Macrh , 2019 cheques aggregating ₹ 4,000 were presented in April, 2019 and the remaining have not been presented yet.
(iii) Out the total cheques amounting to ₹ 5,000 deposited, cheques aggregating ₹ 1,500 were credited in March, 2019 and balance cheques were credited in April, 2019
(iv) Bank has debited ₹ 100 as bank charges and has credited ₹ 200 as interet.
(v) Bank had reversed bank charges of ₹ 200 wrongly debited earlier.
(vi) Bank paid insurance premium of ₹ 2,000 but it was recorded as ₹ 200 in the Cash Book
(vi) Receipts side of Cash Book was undercasted by ₹ 500.

Explanation

Note : Receipts side (or debit side) of the Cash Book is undercasted (or short totalled) by ₹ 500. It means credit side of the Pass Book is correctly totalled . Thus to reach the Pass Book balance, ₹ 500 will be added to Cash Book balance.