On 31st March, 2019, Pass Book of Shri Bhama Shah shows debit balance of ₹ 10,000. From the following particulars, prepare Bank Reconciliation Statement.(i) Cheques amounting to ₹ 8,000 drawn on 25th March of which cheques of ₹ 5,000 cashed in April, 2019.(ii) Cheques paid into bank for collection of ₹ 5,000 but cheques of ₹ 2,200 could only be collected in March 2019.(iii) Bank charges ₹ 25 and dividend of ₹ 350 on investment collected by bank could not be shown in the Cash Book.(iv) A cheque of ₹ 600 debited in the Cash Book omitted to be banked.(v) Bill of ₹ 5,000 discounted with Bank but was not recorded in the Cash Book.

On 31st March, 2019, Pass Book of Shri Bhama Shah shows debit balance

1.	On 31st March, 2019, Pass Book of Shri Bhama Shah shows debit balance of ₹ 10,000. From the following particulars, prepare Bank Reconciliation Statement.(i) Cheques amounting to ₹ 8,000 drawn on 25th March of which cheques of ₹ 5,000 cashed in April, 2019.(ii) Cheques paid into bank for collection of ₹ 5,000 but cheques of ₹ 2,200 could only be collected in March 2019.(iii) Bank charges ₹ 25 and dividend of ₹ 350 on investment collected by bank could not be shown in the Cash Book.(iv) A cheque of ₹ 600 debited in the Cash Book omitted to be banked.(v) Bill of ₹ 5,000 discounted with Bank but was not recorded in the Cash Book.
Answer» On 31st March, 2019, Pass Book of Shri Bhama Shah shows debit balance of ₹ 10,000. From the following particulars, prepare Bank Reconciliation Statement. (i) Cheques amounting to ₹ 8,000 drawn on 25th March of which cheques of ₹ 5,000 cashed in April, 2019. (ii) Cheques paid into bank for collection of ₹ 5,000 but cheques of ₹ 2,200 could only be collected in March 2019. (iii) Bank charges ₹ 25 and dividend of ₹ 350 on investment collected by bank could not be shown in the Cash Book. (iv) A cheque of ₹ 600 debited in the Cash Book omitted to be banked. (v) Bill of ₹ 5,000 discounted with Bank but was not recorded in the Cash Book.