Overdraft shown by the passbook of Mr. Murli is 20,000. Prepare bank reconciliation statement on dated March 31, 2017.
(i) Bank charges debited as per passbook 500.
(ii) Cheques recorded in the cash book but not sent to the bank for collection 2,500.
(iii) Received a payment directly from customer 4,600.
(iv) Cheque issued but not presented for payment 6,980.
(v) Interest credited by the bank 100.
(vi) LIC paid by bank 2,500.
(vii) Cheques deposited with the bank but not collected 3,500.