BRS - Bank Reconciliation Statement Appendix3 Special examination 2021

 BRS - Bank Reconciliation Statement   Appendix3 Special examination 2021- 10 marks

The Bank Over Draft of M/s Kalicharan and Co. on December31, 2020 as per Cash Book is Rs. 18,000.

From the following information ascertain the adjusted Cash balance and prepare Bank Reconciliation Statement. 

1. Unrepresented Cheques 6000

2. Uncleared Cheques 3400

3. Bank interest debits in pass book only 1000

4. Bills collected and credited in Passbook only 1600

5. Cheques of Arun Traders dishonored 1000

6. Cheque issued to Kapur not entered in Cash Book 600

Solution: 

Bank Reconciliation Statement as on 31.12.2020

Particulars		Amount (Rs.)
Over Draft Balance as per Cash Book		18000
Add Items
Uncleared Cheques	3400
Bank interest debits in passbook only	1000
Cheques of Arun Traders dishonoured	1000
Cheques issued to Kapur were not entered in Cash Book	600
Total  -Add items	6000	6000
		24000
Less Items
Unpresented Cheques	6000
Bills collected and credited in Passbook only	1600
Total - Less Items	7600	7600
Over Draft as per Pass Book		16400