Prepare a Bank Reconciliation Statement on 31st December, 2014 from the follwing particu
Channel: Doubtnut
Date: 03/05/2020

Prepare a Bank Reconciliation Statement on 31st December, 2014 from the follwing particuars :-  (a) A's overdraft as per Pass Book ₹20,000 as at 31st Dec.  (b) On 30th December, cheques had been issued for ₹80,000, of which cheques worth ₹15,000 only had been encashed up to 31st December.   ( c) Cheques amounting to ₹6,500 had been paid into the bank for collection but of these only ₹2,500 had been credited in the Pass Book.  (d) The bank has charged ₹700 as interset on overdraft and the intimation which has been received on 2nd January 2015.  (e ) The bank Pass Book shows credit for ₹2,000 representiing ₹1,400 paid by debtor of A direct into the bank and ₹600 collected direct by bank in respect of interest on A's investment. A had no knowledge of these items.  A cheque for ₹3,600 has been debited in bank column of Cash Book by A, but it was not sent to bank at all.