Question
From the following particulars prepare Bank Reconciliation Statement to find out the causes of difference in two balances as on August 31st, 2016 for Four
From the following particulars prepare Bank Reconciliation Statement to find out the causes of difference in two balances as on August 31st, 2016 for Four Star (Pvt.) Ltd.
(i)Bank Overdraft as per Bank Statement ........................................................ 17,000
(ii)Check issued but not encashed during the August ......................................... 2,200
(iii)Dividends on shares collected by banker ..................................................... 2,300
(iv)Interest charged by the bank recorded twice in the Cash Book ........................ 500
(v)Check deposited as per Bank Statement not entered in Cash Book .................. 3,400
(vi)Credit side of the Bank column in Cash Book cast short .................................. 1,000
(vii)Clubs dues paid by bank as per standing instruction not recorded in Cash Book ... 1,200
(viii)Uncredited check due to outstation ..........................................................3,900
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