How to prepare bank reconciliation statement?

Banking & FinanceFinance ManagementGrowth & Empowerment

Solution

The solution is as follows −

Cash bookBank statement
Dividend (Rs.2200/-)Balance (Rs.25000/-)
Interest error(Rs.800/-)Uncashed check (Rs.2000/*)
Deposited(Rs.3800/-)Uncredited (Rs.3500/-)
Cash short(Rs.1200/*)
Dues paid(Rs.1000/-)


ABC Ltd Bank
Reconciliation statement
as on 30th September, XXXX
Bank overdraft (Dr)
25000



(+)

Check issued (not enchased)2000
Dividends on shares (collected by bank)2200
Interest charged (recorded twice)800
Check deposited (not entered in cash book)3800


8800


33800



(-)

Cash short (credit side of bank column)1200
Dues paid by bank1000
Uncredited check (outstation)3500


(5700)
Balance (as per cash book) (Cr)
28100
raja
Published on 28-Sep-2020 11:01:50
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