From the following particulars, prepare Bank Reconciliation Statement as on 31st December, 2008:(i) Debit balance as per Cash Book ₹ 10,000.(ii) A cheque for ₹ 500 issued in favour of Karan has not been presented for payment.(iii) A bill for ₹ 700 retired by bank under a rebate of ₹ 20, the full amount of the bill was credited in the Cash Book.(iv) A cheque for ₹ 295 deposited in the bank has been dishonoured.(v) A sum of ₹ 800 deposited in the bank has been credited as ₹ 80 in the Pass Book.(vi) Payments side of the Cash Book has been undercast by ₹ 200.(vii) A bill receivable for ₹ 1,000 (discounted with the bank in November 2008) dishonoured on 31st December, 2008.

From the following particulars, prepare Bank Reconciliation Statement

1.	From the following particulars, prepare Bank Reconciliation Statement as on 31st December, 2008:(i) Debit balance as per Cash Book ₹ 10,000.(ii) A cheque for ₹ 500 issued in favour of Karan has not been presented for payment.(iii) A bill for ₹ 700 retired by bank under a rebate of ₹ 20, the full amount of the bill was credited in the Cash Book.(iv) A cheque for ₹ 295 deposited in the bank has been dishonoured.(v) A sum of ₹ 800 deposited in the bank has been credited as ₹ 80 in the Pass Book.(vi) Payments side of the Cash Book has been undercast by ₹ 200.(vii) A bill receivable for ₹ 1,000 (discounted with the bank in November 2008) dishonoured on 31st December, 2008.
Answer» From the following particulars, prepare Bank Reconciliation Statement as on 31st December, 2008: (i) Debit balance as per Cash Book ₹ 10,000. (ii) A cheque for ₹ 500 issued in favour of Karan has not been presented for payment. (iii) A bill for ₹ 700 retired by bank under a rebate of ₹ 20, the full amount of the bill was credited in the Cash Book. (iv) A cheque for ₹ 295 deposited in the bank has been dishonoured. (v) A sum of ₹ 800 deposited in the bank has been credited as ₹ 80 in the Pass Book. (vi) Payments side of the Cash Book has been undercast by ₹ 200. (vii) A bill receivable for ₹ 1,000 (discounted with the bank in November 2008) dishonoured on 31st December, 2008.