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How to prepare bank reconciliation statement?
Solution
The solution is as follows −
| Cash book | Bank 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 bank | 1000 | |
| Uncredited check (outstation) | 3500 | |
| (5700) | ||
| Balance (as per cash book) (Cr) | 28100 | |
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