Unfavourable Balance of Pass Book Solutions

14. Prepare bank reconciliation statement of Shri Bhandari as on December 31, 2014

1. The Payment of a cheque for Rs. 550 was recorded twice in the passbook.
2. Withdrawal column of the passbook under cast by Rs. 200
3. A Cheque of Rs. 200 has been debited in the bank column of the Cash Book but it was not sent to bank at all.
4. A Cheque of Rs. 300 debited to Bank column of the passbook was not sent to the bank.
5. Rs. 500 in respect of dishonoured cheque were entered in the passbook but not in the cash book.

Overdraft as per passbook is Rs. 20,000.

15. Overdraft shown by the passbook of Mr. Murli is Rs. 20,000. Prepare bank reconciliation statement on dated December 31, 2014.

1. Bank charges debited as per passbook Rs. 500.
2. Cheques recorded in the cash book but not sent to the bank for collection Rs. 2,500.
3. Received a payment directly from customer Rs. 4,600.
4. Cheque issued but not presented for payment Rs. 6,980.
5. Interest credited by the bank Rs. 100.
6. LIC paid by bank Rs. 2,500.
7. Cheques deposited with the bank but not collected Rs. 3,500.

16. Raghav & Co. have two bank accounts. Account No. I and Account No. II.
From the following particulars relating to Account No. I, find out the balance on that account of December 31, 2014 according to the cash book of the firm.

1. Cheques paid into bank prior to December 31, 2014, but not credited for Rs. 10,000.
2. Transfer of funds from account No. II to account no. I recorded by the bank on December 31, 2014 but entered in the cash book after that date for Rs. 8,000.
3. Cheques issued prior to December 31, 2014 but not presented until after that date for Rs. 7,429.
4. Bank charges debited by bank not entered in the cash book for Rs. 200.
5. Interest Debited by the bank not entered in the cash book Rs. 580.
6. Overdraft as per Passbook Rs. 18,990.

17. Prepare a bank reconciliation statement from the following particulars and show the balance as per cash book.

1. Balance as per passbook on December 31, 2014 overdrawn Rs. 20,000.
2. Interest on bank overdraft not entered in the cash book Rs. 2,000.
3. Rs. 200 insurance premium paid by bank has not been entered in the cash book.
4. Cheques drawn in the last week of December, 2014, but not cleared till date for Rs. 3,000 and Rs. 3,500.
5. Cheques deposited into bank on November, 2014, but yet to be credited on dated December 31, 2014 Rs. 6,000.
6. Wrongly debited by bank Rs. 500.

18. The passbook of Mr. Randhir showed an overdraft of Rs. 40,950 on March 31, 2013.
Prepare bank reconciliation statement on March 31, 2013.

1. Out of cheques amounting to Rs. 8,000 drawn by Mr. Randhir on March 27 a cheque for Rs. 3,000 was encashed on April 2014.
2. Credited by bank with Rs. 3,800 for interest collected by them, but the amount is not entered in the cash book.
3. Rs. 10,900 paid in by Mr. Randhir in cash and by cheques on March, 31 cheques amounting to Rs. 3,800 were collected on April, 07.
4. A Cheque of Rs. 780 credited in the passbook on March 28 being dishonoured is debited again in the passbook on April 01, 2014. There was no entry in the cash book about the dishonour of the cheque until April 15.