Chhabra & Sons find that overdraft shown by their Cash Book on 31st March 2013 is 30,500 but the Pass Book shows a difference due to the following reasons.
(i) A cheque for 6,000 drawn in favour of Shyam has not been presented for payment.
(ii) A post-dated cheque for 1,000 has been debited in the Bank column of the Cash Book but it could not have been presented in Bank.
(ii) Cheque totalling 12,000 deposited with the bank. have not yet been collected.
(iv) A bill for 5,000 was retired by the bank. under a rebate of 120 but the full amount of the bill was credited in the bank. column of the Cash Book. Prepare a Bank. reconciliation statement and find out the balance as per pass book.

From the following information, prepare BRS as on 31st July 2011 :
(i) Balances as per Cash Book is Rs 25,000 as on 31st July, 2011.
(ii) Cheque for Rs 15,000 were deposited into the Bank in the month of July but only cheques for Rs 11,000 were credited by the bank till 31st July 2011.
(iii) Cheques issued for Rs 13,000 in July, out of which a cheque for Rs 9,200 was presented for payment on 3rd August Bank charged Rs 50 as Bank charges and credited interest of Rs 370.

Prepare a Bank Reconciliation Statement from the following:

Prepare Bank Reconciliation statement from the following:

From the following particulars, ascertain the Bank Balance that would appear in the Bank Pass Book:
(i) Balance as per Cash Book as on March 31, 2014 Rs12,000.
(ii) Out of the total cheques amounting to Rs 10,000 drawn, cheques aggregating Rs 3,000 were encashed in March, 2014, cheques aggregating Rs 4,000were encashed in April, 2014 and the rest have not been presented at all.
(iii)Out of the total cheques amounting to Rs 5,000 deposited, cheques aggregating Rs 1,500 were credited in March, 2014, cheques aggregating Rs 2,000were credited in April, 2014 and the rest have not been collected at all.
(iv) The bank has debited Rs 100 as Bank charges and has credited Rs 200 on account of Interest.

On 31st December, 2013,the Pass Book of a merchant shows the credit balance to be Rs 3,357.The cheques and drafts sent to the bank but not collected and credited amounted to Rs 790 and three cheques drawn for Rs 300, Rs 150 and Rs 200 respectively were not presented for payment till 31st January next year.
Bank has paid a bill payable amounting to Rs 1,000 but it has not been entered in the Cash Book and a bill receivable of Rs 500 which was discounted with the bank was dishonoured by the drawer on due date.
The bank has charged Rs 13 as its commission for collecting outstanding cheques and has allowed interest Rs 10 on the trader's balance.
Prepare a Bank Reconciliation Statement and show the balance as shown in the Cash Bank

From the following particulars ascertain the balance that would appear in the Bank Pass Book of A at 31st December, 2013 :
(i) The bank overdraft as per Cash Book on 31st December, 2013 Rs 63,400.
(ii) Interest on overdraft for 6 months ending 31st December, 2013,Rs 1,600 is entered in the Pass Book.
(iii) Bank charges of Rs 300 for the above period are debited in the Pass Book.
(iv) Cheques issued but not cashed prior to 31st December, 2013 amounted to Rs 11,680.
(v) Cheques paid into bank but not cleared before 31st December, 2013 were for Rs 21,700.
(vi) Interest on investments collected by the bank are credited in the Pass Book Rs 12,000

On checking Ram's Cash Book with the Bank Statement of his overdraft current account for the month of November, 2013,you find the following:
(i) Cash Book showed an overdraft of Rs 45,000.
(ii) The payment side of the Cash Book had been undercast by Rs 1,500.
(iii) A cheque for Rs 7,500 drawn on his saving account has been shown as drawn on current account.
(iv) Cheques amounting to Rs 70,000 drawn and entered in the Cash Book had not yet been presented.
(v) Cheques amounting to Rs 60,000sent to the bank for collection, though entered in the Cash Book, had not been credited by the bank.
(vi) Bank charges of Rs 750 as per Bank Statement had not been taken into the Cash Book.
(vii) Dividends of the amount of Rs 25,000had been paid direct into the bank and not entered in the Cash Book.
You are required to prepare a Bank Reconciliation Statement on 30th November, 2013

What is a bank reconciliation Statement? Why is it prepared?

Explain the process of preparing bank reconciliation statement with amended cash balance