Prepare Bank Reconciliation Statement as on 31st January, 2017, if Cash Book of Mr. Sanjay showed a credit balance of ₹ 20,100.(i) The bank had paid fire insurance premium of ₹ 550 which does not appear in the Cash Book.(ii) Cheques for ₹ 25,000 issued during January, but cheques for only ₹ 18,500 were presented for payment.(iii) Interest collected by bank ₹ 740.(iv) Cheques of ₹ 8,700 were deposited into bank, but cheques for ₹ 7,000 were cleared till 31st January, 2017.(v) A customer deposited ₹ 620 directly into bank without informing Mr. Sanjay.

Prepare Bank Reconciliation Statement as on 31st January, 2017, if Cas

1.	Prepare Bank Reconciliation Statement as on 31st January, 2017, if Cash Book of Mr. Sanjay showed a credit balance of ₹ 20,100.(i) The bank had paid fire insurance premium of ₹ 550 which does not appear in the Cash Book.(ii) Cheques for ₹ 25,000 issued during January, but cheques for only ₹ 18,500 were presented for payment.(iii) Interest collected by bank ₹ 740.(iv) Cheques of ₹ 8,700 were deposited into bank, but cheques for ₹ 7,000 were cleared till 31st January, 2017.(v) A customer deposited ₹ 620 directly into bank without informing Mr. Sanjay.
Answer» Prepare Bank Reconciliation Statement as on 31st January, 2017, if Cash Book of Mr. Sanjay showed a credit balance of ₹ 20,100. (i) The bank had paid fire insurance premium of ₹ 550 which does not appear in the Cash Book. (ii) Cheques for ₹ 25,000 issued during January, but cheques for only ₹ 18,500 were presented for payment. (iii) Interest collected by bank ₹ 740. (iv) Cheques of ₹ 8,700 were deposited into bank, but cheques for ₹ 7,000 were cleared till 31st January, 2017. (v) A customer deposited ₹ 620 directly into bank without informing Mr. Sanjay.