Bank Reconciliation Statement As on 31 March 2018 Amount () Amount () 6,300 25,000 Particulars Bank Balance as per Pass Book Add: 1. Cheques sent to bank for collection but not yet cleared 2. Discounted bill dishonoured does not appear in Cash Book 3 Interest allowed by bank appears twice in cash book 4 Pass Book debit side was overcast 5. Bills Payable paid by bank not recorded in cash book 4,000 820 200 8,700 38.720 45,020 48,500 Less : 1. Cheques issued but not presented for payment 2. Direct deposit made by customer not recorded in Cash Book 17,000 65,500 Bank Overdraft as per Cash Book 20,480 Note: 57 Reason No.vi) will not appear in the bank reconciliation statement. This does not create any difference in the balance of the two books because it has not been recorded in the Bank column of cash book and it does not appear in the Pass Book too since it has not been collected by bank Illustration 8. The Cash Book of Pankaj shows a credit balance of 32,490 in the bank column on 30th September 2018. Prepare Bank Reconciliation Statement as on 30th September 2018, i) Three cheques of 3 8,200, 11,360 and 16.440 were deposited into bank but only a cheque of 311,360 was credited by bank before 30th September 2018 11) Cheques issued but not encashed before 30th September 2018 was 93,000. iii) Bank charges for issue of cheque book 3 250 and SMS alerts 3 170 was debited in Pass Book only. iv) Mr Shreyans transferred 1,23,200 through NEFT but was wrongly debited with 12,320 in our Cash Book v) Receipt side of Pass Book was undercast by 1,000 vi) Dividend collected and credited by bank 12.500, was not entered in Cash Book