Bank Reconcilia...

On March 31, 2021 the cash book showed a balance of Rs. 3,700 as cash at bank, but the bank passbook made up to same date showed that cheques for Rs 700, Rs. 300 and Rs. 180 respectively had not presented for payment, Also, cheque amounting to Rs 1,200 deposited into the account had not been credited. Prepare a bank reconciliation statement and find the balance as per the pass book.

What is the meaning of unfavourable bank balances?

A shop receives its bank statement showing the closing balance as ₹ 7,500 overdrawn. It is found that there were unpresented cheques amounting to ₹ 2,000 and uncredited deposits amounted to ₹ 1,000. Overdraft as per cash book is:

Which of the following transactions will result in a higher balance in the bank column of cash book in comparison to passbook?

‘NSF’ marked in cheque sent back by the bank indicates:

Bank column of cash book showed bank balance of Rs. 9950 . While reconciling the bank balance it was noticed that a cheque issued and paid by the bank Rs. 5100 was wrongly shown on the debit side of bank column as Rs. 510 , bank charges amounting to Rs. 210 , LIC payment of Rs. 1200 made by the bank as per standing instruction were not accounted in the cash book. Find the adjusted balance of cash as per cash book.

A company receives its bank statement showing the closing balance as Rs 9,500 overdrawn. It is found that there were unpresented cheques amounting to Rs 3,000 and uncredited deposits amounted to Rs 2,000. Overdraft as per cash book is:

What are the various steps to completing a bank reconciliation?

Bank reconciliation statement is:

On 31st March, 2023, Pass Book of Shri Bhama Shah shows debit balance of ₹ 10,000. From the following particulars, prepare Bank Reconciliation Statement and find the credit balance as per the cash book.

(i) Cheques amounting to ₹ 8,000 drawn on 25th March of which cheques of ₹ 5,000 cashed in April, 2019.

(ii) Cheques paid into bank for collection of ₹ 5,000 but cheques of ₹ 2,200 could only be collected in March 2019.

(iii) Bank charges ₹ 25 and dividend of ₹ 350 on investment collected by bank could not be shown in the Cash Book.

(iv) A cheque of ₹ 600 debited in the Cash Book omitted to be banked.

(v) Bill of ₹ 5,000 discounted with Bank but was not recorded in the Cash Book.