Beruflich Dokumente
Kultur Dokumente
ANDHRA PRADESH
Name of the Participant : M. Ramakrishna
Designation : Head of Section
Branch : Commercial & Computer Practice
Institute : Govt. Polytechnic for women,
Bheemunipatnam
Year/Semester : I Year
Subject : Accountancy-I
Sub-code : CCP-102
Topic : Bank Reconciliation Statement
Sub Topic : Exercise on
Bank Reconciliation Statement
Duration : 100 Minutes
Teaching aids : Power Point Presentation
CCP102.84-85 1
Objectives
CCP102.84-85 2
Recap
CCP102.84-85 3
What are the reasons for disagreement
between the balances of Cash Book and
Pass Book?
Cheques deposited but not collected
Cheques issued but not presented for payment
Cheques/cash directly deposited by customers
Payments directly made by bank
Dividends or interest, collected and credited by the
bank
Contd…
CCP102.84-85 4
Reasons for disagreement (Contd..)
CCP102.84-85 5
Exercise
Prepare Bank Reconciliation Statement as
on 31-12-07
Balance as per Cash Book Rs.10,000
The following cheques were deposited, but were
not collected by 31-12-07 i) Sukumar Rs.600
ii) Vijaya Shankar Rs.500 iii) Ajay Kant
Rs.300
A cheque issued to Vijaya Shankar on 26-12-07
for Rs.1,000 has been presented for payment on
05-01-08.
The Bank allowed interest of Rs.120 and
charged Rs.30 as expenses.
A cheque received from Sateesh for Rs.200 has
been deposited in Dec.,07 dishonoured. No
entries were found in cash book for dishonour.
CCP102.84-85 6
Solution
Bank Reconciliation statement
Particulars Amount Amount
Rs. Rs.
Balance as per cash Book 10,000
Add:1.cheques issued but not presented 1000
2.Bank interest not entered in cash
Book 120 1,120
11,120
Less: 1.cheques deposited but cot 1400
collected
2.Bank changes not entered in 30
cash Book
3.cheque deposited 200 1,630
and dishonoured
Balance as per pass book CCP102.84-85 9,490 7
Exercise
Prepare Bank Reconciliation Statement as on 31-12-06
Balance as per Cash Book Rs.10,500
The cheques for a) Rs.300 b)500 c)Rs.250 have been
deposited, but not collected as on 31-12-06
Four cheques issued for Rs.600, Rs.200, Rs.480 and
Rs.60 in Dec,’06, but not presented for cash before the
date of reconciliation
The bank collected a bill for Rs.1,500 on 31-12-06 but
information was supplied to the trader on 3-1-07
The bank has given a credit of Rs.800 and charged Rs.100
as its commission for the services rendered
CCP102.84-85 8
Solution
Bank Reconciliation statement
particulars Amount Amount
Rs. Rs
Balance as per cash Book 10,500
Add: 1.cheques issued but not 1340
presented
2. Bill collected by bank 1500
not entered in cash Book
3. Amount credited by bank 800 3,640
14,140
Less:1. Cheques Deposited but 1050
not collected
2. Bank changes Balance as 100 1,150
per pass book
Balance as per pass Book 12,990
CCP102.84-85 9
Assignment
Prepare Bank Reconciliation Statement as on 28-2-07
Balance as per Pass Book Rs.9,436
Cheques issued in Feb.’07 were Rs.1,536. Out of which
Rs.496 were cashed in March,07
The bank has paid Rs.420 to LIC as premium as per the
standing orders. It was not recorded in cash book
A customer deposited Rs.1,000 directly into our bank
account and not informed us
Bank charges not recorded in cash book Rs.12
(Balance as per Cash Book: 7,804)
CCP102.84-85 10
Exercise
Prepare Bank Reconciliation Statement as on 31-3-07
Balance as per Cash Book Rs.8,500
Cheques deposited but not collected before 31-3-07 are
Rs.1,000
Interest on debentures collected directly by the bank
Rs.400
Out of the cheques issued for Rs.5,000in March,07,
cheques for Rs.1,200 have been presented for payment
in April,07
It was found that the dividend collected by the bank was
Rs.400 for which entry was not recorded in the cash book
Bank charges Rs.100 were entered in the pass book only
CCP102.84-85 11
Solution
Bank Reconciliation statement
particulars Amount Amount
Rs. Rs
Balance as per cash Book 8,500
Add: 1. Interest on debentures entered in 400
Pass book
2. Cheques issued but not presented 1200
3. Dividend collected by the bank 400
2,000
Less:1. Cheques Deposited but 1000 10,500
not collected
2. Bank changes debited in pass book 100
1,100
Balance as per pass Book
9,400
CCP102.84-85 12
Exercise
Prepare Bank Reconciliation Statement as on 31-12-
06
Balance as per Pass book Rs.8,000
Cheques issued but not cashed Rs.2,400
Cheques deposited but not credited before
31-3-06 are Rs.1,000
An amount of Rs.240 as Insurance premium and
Rs.360 as call on shares has been paid as per
standing orders
An amount of Rs.1,000 has been deposited by a
debtor in the bank account directly for which no
entry has been made in cash book
CCP102.84-85 13
Solution
Bank Reconciliation statement
particulars Amount Amount
Rs. Rs
Balance as per Pass Book 8,000
Add: 1. Cheques Deposited but 1,000
not collected
2. Direct payments made by bank 600 1,600
9,600
Less:1. Cheques issued but 2,400
not presented
2. Direct deposit by a customer into 1,000 3,400
bank
Balance as per Cash Book 6,200
CCP102.84-85 14
Assignment
Prepare Bank Reconciliation Statement as on 31-12-07
Balance as per Cash Book Rs.10,000.
A cheque for Rs.1,000 was deposited on 22-12-07, but the
same was returned by the Bank on 29-12-07 for which no
entry was made in cash book
Insurance premium paid by the bank Rs.150 was debited
in the pass book only
Cheques issued for Rs.1,500 in Dec,’07, out of which
Rs.900 cheques were presented for payment before 31-
12-07
The following transactions were recorded in the pass book
only i) Bank expenses Rs.25 ii) Interest credited
Rs.500
(Balance as per Pass Book: Rs.9,925)
CCP102.84-85 15
Summary
CCP102.84-85 16