914 10 10 Bank Reconciliation Statement of Ranganathan (A/c No. 1) as on 31.12.2016 Bank balance as per the Cash Book (Dr.) 5.400 Add: (a) Transfer from Account No. 2 without advice 27,000 (c) Cheque issued but not yet presented to the Bank 5,421 (d) Cheque deposited into Account No. 2 wrongly credited to Account No. 1 4,272 36,693 42,093 Less: (b) Incidental charges debited in the Pass Book not recorded in the Cash Book Bank balance as per the Pass Book (Cr.) 42,083 Bank Reconciliation Statement of Ranganathan (A/c No. 2) as on 31.12.2016 3 Bank balance as per the Cash Book (Dr.) 2,70,400 Less: (a) Transfer to Account No. 1 without advice 27,000 (b) Incidental charges debited in the Pass Book not recorded in the Cash Book 10 (d) Cheque deposited into Account No. 2 wrongly credited to Account No. 1 4.272 31,282 Bank balance as per the Pass Book (Cr.) 2,39,118 Illustration 3 The Treasurer of the Calcutta Club is attempting to reconcile the balance shown in the Cash Book with that appearing on the Bank Statement. According to the Cash Book, the balance at the bank as at 31st May, 2017 was 1,900 while the Bank Statement disclosed an overdraft amount of 470. Upon investigation, the Treasurer discovers the following errors: (a) A cheque paid to S Ltd for 340 had been entered in the Cash Book as 430. (b) Cash paid to the bank for 100 had been entered in the Cash Book as 90. A transfer of 1,500 to the Savings Bank had not been entered in the Cash Book. (d) A receipt of 10 shown on the Bank Statement has not been entered in the Cash Book (e) Cheques drawn amounting to 40 had not been presented into the bank. (1) The Cash Book balance had been incorrectly brought down at Ist June, 2017 as a debit balance of 1,200 instead of a debit balance of 1,100. (g) Bank charges of 20 did not appear in the Cash Book. (h) Receipts of 900 paid into the bank on 31st May, 2017 did not appear on the Bank Statement until 1.6.2017. A standing order payment of 30 had not been entered in the Cash Book. 6) A cheque for 50 previously received and paid into the bank had been returned by the bank marked account closed (k) The bank received a direct deposit of 100 from an anonymous member. (1) Cheques paid into the bank had been incorrectly totalled. The total amount should have been 170 instead of *150. Draw up a Bank Reconciliation Statement as at 31st May, 2017 (c)