Bank Reconciliation StatementQ-19 | Bank Reconciliation StatementQuestion 5056 of 54
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The book of Hari showed a balance ₹1,36,800 as on 31.12.2023 which was in disagreement with balance as per pass book lowing discrepancies were noticed: (i) Dividend of ₹18,000 was deposited in the bank of which Hari had no information. (ii) Cheque was issued to Suresh of ₹ 14,780 on 18.12.2023 which was recorded in cash book as ₹14,870. (iii) Cheques totalling of ₹ 55,000 were deposited into bank on 30.12.2023 which were not cleared until 31.12.2023. (iv) Mediclaim premium on ₹ 14,160 was paid as per the standing instruction of Hari which was not recorded in cash book: (v) Goods amounting ₹1,60,000 were sold to Ajay in November 2023. He deposited cheque on 15.12.2023 after deducted 4% cash discount. This entry was missed while preparing cash book. (vi) Bank charges for issue of cheque book ₹ 150 was skipped while preparing cash book. (vii) Hari received a UPI of ₹1,000 on 29.12.2023 for sale of scrap which was not entered in cash book. (viii) Cheques amounting to ₹ 1,80,000 were issued during the month but cheques of ₹ 1,44,000 were only presented during the month for payment Prepare Bank Reconciliation Statement on 31.12.2023 and ascertain balance as per pass book [Sept.2024, 10 Marks]

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✅ Option — Correct Option

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Detailed Solution & Explanation

In the Books of Hari Bank Reconciliation Statement. as on 31st December, 2023 Particulars Amount (Rs.) Amount (Rs.) Dr. Balance as per Cash Book Add: 1. Dividend deposited in the bank 2. Cheque issued to Suresh wrongly overstated (Rs. 14,870 – Rs. 14,780) 3. Cheques deposited but not recorded 4. UPI received not recorded 5. Cheques issued but not presented Less: 1. Cheques deposited but not cleared 2. Mediclaim premium paid by bank but not recorded in cash book 3. Bank charges not recorded in cash book Cr. Balance as per Pass book 18,000 90 1,53,600 1,000 36,000 55,000 14,160 150 1,36,800 2,08,690 3,45,490 69,310 2,76,180

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