Accounting


Accounting Forum

AccountingCoach.com is the world's largest free online accounting course.


Not signed in (Sign In)

Categories

Vanilla 1.1.7 is a product of Lussumo. More Information: Documentation, Community Support.

Welcome Guest!
Want to take part in these discussions? If you have an account, sign in now.
If you don't have an account, apply for one now.

General Accounting Discussions: [Sink] if anyone could help me for this bank reconciliation statement

Bottom of Page

1 to 3 of 3

  1.  
  1.  
    On 31st March, 2008, the Cash Book of Mr. David showed an Overdraft Balance
    of Rs. 19,000. This balance did not agree with the balance as per Pass Book. The
    following discrepancies were noted on comparing Cash Book with Pass Book.

    1. Cheque for Rs. 5,000 paid into the bank for collection on 20th March, 2008
    has not yet been collected.

    2. Cheques for Rs. 15,000 Issued on 24th March, 2008, out of which cheques
    for Rs. 10,000 presented during March, 2008.

    3. An amount of Rs. 1,000 for interest on overdraft was debited in the Pass
    Book but was intimated to Mr. David on 4th April, 2008.

    4. Mr. David paid into his bank account an amount of Rs. 3,000 but it was
    wrongly credited to Mr. Denial’s Account.

    5. On 20th March, 2008 the bank received dividend of Rs. 10,000 from a
    company where Mr. David's has invested his money, the same had been
    recorded in Cash Book on 31st March, 2008.

    6. Cheque of Rs. 2,500 was shown in Pass Book as dishonoured.

    How do I prepare Bank Reconciliation Statement as at 31st March, 2008, for the options as stated above.
    • CommentAuthorwajahat
    • CommentTimeJul 1st 2008
     
    On 31st March, 2008, the Cash Book of Mr. David showed an Overdraft Balance
    of Rs. 19,000. This balance did not agree with the balance as per Pass Book. The
    following discrepancies were noted on comparing Cash Book with Pass Book.

    1. Cheque for Rs. 5,000 paid into the bank for collection on 20th March, 2008
    has not yet been collected.

    2. Cheques for Rs. 15,000 Issued on 24th March, 2008, out of which cheques
    for Rs. 10,000 presented during March, 2008.

    3. An amount of Rs. 1,000 for interest on overdraft was debited in the Pass
    Book but was intimated to Mr. David on 4th April, 2008.

    4. Mr. David paid into his bank account an amount of Rs. 3,000 but it was
    wrongly credited to Mr. Denial’s Account.

    5. On 20th March, 2008 the bank received dividend of Rs. 10,000 from a
    company where Mr. David's has invested his money, the same had been
    recorded in Cash Book on 31st March, 2008.

    6. Cheque of Rs. 2,500 was shown in Pass Book as dishonoured.

    How do I prepare Bank Reconciliation Statement as at 31st March, 2008, for the options as stated above.
    Thankful People: rizsha
    • CommentAuthorwajahat
    • CommentTimeJul 1st 2008
     
    answer this question plz

1 to 3 of 3

  1.  



 

Why AccountingCoach.com?

the accounting coach

AccountingCoach.com is designed to help people without an accounting background easily understand accounting concepts at no cost.


By investing thousands of hours, we have created clear and concise accounting information for both business people and students of all ages.


We understand how difficult accounting can be. That's why we have ensured that each accounting topic includes a clear explanation, reinforcing drills, Q&A, puzzles, dictionary of terms, etc.


Read 1,440 Visitor Testimonials



What's on AccountingCoach.com?