Plzz solve this fast n examining the Bank Statement of Green Ltd., it is found that the balance shown on
31st March, 2015, differs from the bank balance oft 23,050 shown by the Cash Book on that
date. From a detailed comparison of the entries it is found that:
(0 2,860 is entered in the Cash Book as paid into the bank on 31st March, 2015 but not
credited by the bank until the following day.
(it) Bank charges oft 70 on 31st March, 2015 are not entered in the Cash Book.
(ii') A bill for 5,500 discounted with the bank is entered in the Cash Book without
recording the discount charges of e 270.
(iv) Cheques totalling 16,720 were issued by the company and duly recorded in the Cash
Book before 31st March, 2015 but had not been presented at the Bank for payment
until after that date.
(v) on 25th March, 2015, a debtor paid* 1,000 into the Company's Bank in settlementof
his account but no entry was made in the Cash Book of the company in respect of this.
(vi) No entry has been made in the cash Book to record the dishonour on 15th March,
2015, of a cheque for 550 received from Ram Babu.
Prepare a Bank Reconciliation Statement as on 31st March, 2015.
Ans.: Balance as per Bank Statement—e 37,620]
