Illustration 16 Alexander furnishes you with the following information and asks you to - (0) record the transactions in the Cash Book with bank column for November 2016 (without narration); and (ii) prepare Reconciliation Statements with State Bank of India as on 31st October and 30th November, 2016. (a) On October 31, 2016 there was bank overdraft of 14,000 as per Cash Book and cash in hand 7,500. Bank statement as on that date showed cheques deposited but not realised of 40,000 while cheques issued but not presented for payment amounted to 360,000. (b) During the month, customers paid 34,50,000 which were deposited into bank. Of these cheques of 50,000 were deposited on 30th November, 2016 and realised subsequently. The bank realised all the other cheques and charged 718 300 as collection expenses. These charges are to be entered in the Cash Book and not kept as reconciliation items. (c) Cheques issued during the month totalled to 4,20,000. Bank statement showed that cheques presented for payment totalled to 4,50,000 only of which one cheque of 7,000 issued in October, 2016 was returned on 5.11.2016 for want of Alexander's signature on the cheque. Alexander paid cash to the payee of the cheque and cancelled the cheque. The bank charged * 25 for cheque return. (d) Cheques presented for payment during the month included cash withdrawn from bank 15,000, 40% of this cash is handed over on various dates to the petty cashier while 50% is taken by Alexander for his personal use. (e) Bank charged 100 for cheque book issued