a) Find out the balances as per pass book from the following particulars

i)Bank overdraft as per cash book on 30h April,2014 Ro.2,000

ii)Cheques issued but not presented for payment Ro.1,350

iii)Cheques deposited nut not yet collected by the banker Ro.560

iv)Bank charges Ro.80 made by the bank not yet entered in the cash book.

v)interest on investment collected by the bankers and credited in the pass book amounted to Ro.950

b) What is the main objective to prepare the bank reconciliation statement?