14. Bank Reconciliation Statement is prepared as on 31st balance as March, 2024 starting with credit per Bank Pass Book. State whether the following transactions will be shown in the Bank Reconciliation Statement by adding or deducting these from the given balance giving reason:

  1. Bank had allowed interest and credited the account by 5,000.
  2. Cheque of 10,000 deposited by a customer in the bank was not recorded in Cash Book. 
  3. Bank charges charged by the bank 5,000.
  4. Cheques of 25,000 issued not recorded in the Cash Book were paid and debited to the account by the bank.
  5. Receipts Side of the Cash Book was overcast by 2,000.
  6. Payments Side of the Cash Book was undercast by 5000

T.S.Grewal/Session 2024-25/Practical Problems/Q-14

error: Content is protected !!