28. From the following particulars of Gurpreet, prepare Bank Reconciliation Statement showing the balance as per Cash B0ok on 31st March, 2024:

  1. Balance as per Pass Book on 31st March, 2024 overdrawn 10,000.
  2. Cheques drawn in the last week of March, 2024 but not cleared till 3rd April, 2024 20,000.
  3. Interest on bank overdraft not entered in the Cash Book 1,500.
  4. Cheques of 20,000 deposited in the bank in March, 2024 but not collected and credited till 3rd April, 2024.
  5. 100 Insurance Premium paid by the bank under a standing order has not been entered in the Cash Book.

A draft of 10,000 favouring Atul & Co. was issued by the bank charging commission 200. However, in the Cash Book entry was passed by 10,000.

T.S.Grewal/Session 2024-25/Practical Problems/Q-28

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