The balance of cash at bank as shown by the Cash Book of Pan & Pan Co. on 31st
Channel: Doubtnut
Date: 03/05/2020

The balance of cash at bank as shown by the Cash Book of Pan & Pan Co. on 31st December,m 2016, was ₹7,500. On checking the entries in the Cash Book with the Pass Book, it was ascertqained that cheques fo ₹500 and ₹700 respectively paid in on 30th December, were not credited until the 2nd January following adn three cheques of ₹600, ₹600 and ₹1,200 issued on the 28th December were not presented until the 3rd of January. There was  a credit of ₹125 in the Pass Book in respect of interst under dete 31st December, which was not entered in the Cash Book. There were also Bank Charges debited in the Pass Book amounting in all to ₹10 which were not entered in the pass Book amounting in all the ₹10 whihc were not entered in the Cash Book.  Prepare a Bank Reconciliation Statement as at 31st December, 2016.