On 30th June 2014, the Cash Book of a trader shows a bank overdraft of 2,500. Following information are available :-
1. Cheques amounting to ₹14,600 had been paid to the bank, out pof these only 12,200 were credited in the Pass Book, up to 30th June, 2014.
2. He had also issued cheques amounting to ₹10,000, out of which of which only ₹3,600 had been presented for payment.
3. A cheque of ₹500 which he had debited to the bark account was not sent to bank for collection by mistake.
4. There is a debit in the Pass Book of ₹10 for Bank Charges and ₹50 for interest.
5. A customer directlyu paid into his bank ₹1,000, but it was not shown in the Cash Book.
6. Bank has paid insurence premium of ₹400 according to his instuctions, but this is not recorded in the Cash Book.
Prepare a Bank Reconciliation Statement.
Share with your friends
Call
Talk Doctor Online in Bissoy App