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Bank Reconciliation Statement Problem no. 4

BRS Problem no 4

Bank Reconciliation Statement Problem no. 4









From the following particulars prepare a bank reconciliation statement as at 31st dec. of nagamani and co., who had cash at bank as per cash book Rs. 20200 and as per Pass Rs. 24626.

a.       The following cheques were deposited on 26the dec, but were not collected by 31st dec (I) Rs. 320, (II) Rs. 740 (III) Rs. 214
b.      The following cheque were issued but not encashed as on reconcile day (i) Rs. 770 (ii) Rs. 400 (iii) Rs. 940 and (iv) 1150
c.       The bank allowed interest Rs. 200 and commission was charged Rs. 880 on 31st dec

d.      The bank collected a bill of Rs. 3100 on the 31st dec but the intimation was received by the firm on 4th Jan

Particular
Rs.
Rs.
Bank Balance as per Cash Book

20200
Add


Cheque's issued but not encashed Rs. 320, Rs. 740, Rs. 214
1274

Bank Allowed Interest
200

Bank Collected Bills (received money)
3100
4574





24774
Less


Cheque Deposited but not collected


Rs. 770, Rs. 400, Rs. 940, Rs. 1150
3260

Commission charged by bank
880






4140
Bank as per Pass Book

20634

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