Bank Reconciliation Statement Problems and Solutions
Problem # 1:
From the
following information, extract a bank reconciliation statement as on 31st
following information, extract a bank reconciliation statement as on 31st
Decembar,
2008
2008
1. The
balance as per Cash book on 31-12.2008 Rs.12000/-
balance as per Cash book on 31-12.2008 Rs.12000/-
2. Cheques
issued but not presented in the bank Rs.1600/-
issued but not presented in the bank Rs.1600/-
3. Cheques
paid into bank but not cleared before 31st Dec,08 Rs.2000/-
paid into bank but not cleared before 31st Dec,08 Rs.2000/-
4. Interest
on investment Rs.300/-
on investment Rs.300/-
5. Bank
Charges made by the bank Rs.30/-
Charges made by the bank Rs.30/-
Solution:

Problem # 2:
Prepare a
bank reconciliation statement from the following on 28th Feb,2009. Cash
book showed a bank balance Rs.11000/-
bank reconciliation statement from the following on 28th Feb,2009. Cash
book showed a bank balance Rs.11000/-
1. A cheque
issued but not presented for payment Rs.900/- |
2. A
post-dated cgeqye if RS.1000 has bee debited in the bank column of the cash book but it wqas not possible to present. |
3. Three
cheques of Rs.1500 sent for collection but not cleared so far by the bank |
4. A cheque
for rs.500 deposited in the bank has been dishonoured. |
5. Trade
subscription directly paid by the bank Rs.200 |
6. The bank debit for Rs.100 in respect of
bank charges and credit Rs.200 for dividend collected by the bank. |
Solution:

Problem # 3:
From the following particulars, ascertain the
bank balance as per Pass Book as on31st March, 2001 :
From the following particulars, ascertain the
bank balance as per Pass Book as on
1
|
The
Bank balance as per Cash Book on that date was Rs.5,750. |
2
|
Cheques
issued but not presented in the bank Rs.875. |
3
|
Cheques
paid into bank, but not cleared before 31st March amounting to Rs.1,075. |
4
|
Interest
on investment Rs.275. |
5
|
Cheque
paid on but not entered in cash book Rs.150. |
6
|
Bank
Charges debited in the pass book Rs.25. |
Solution:

Problem # 4:
Prepare a Bank Reconciliation Statement of Mr.
Raheel as on31st
Aug. 2002 from the details given below:
Raheel as on
Aug. 2002
1
|
Balance
as per pass book (Credit) Rs.4,000 |
2
|
A
cheque amounting to Rs.500 issued in Aug. but was not presented in the same month. |
3
|
Cheques
for Rs.400 deposited into the bank in Aug. but dishonoured. |
4
|
Cheques
for Rs.1,500 were deposited into bank during the month but a cheque for Rs.300 credited by in Sep. |
5
|
Interest
of Rs.30 credited by the bank in the Pass Book which is not recorded in the cash book. |
6
|
Insurance
premium of Rs.45 was directly paid by the bank but was not recorded in the cash book. |
Solution:

Problem # 5:
From
the following particular of Sultan & Sons, you are required to prepare a
bank reconciliation statement on 31st July, 2003 indicating balance
of Pass Book.
the following particular of Sultan & Sons, you are required to prepare a
bank reconciliation statement on 31st July, 2003 indicating balance
of Pass Book.
1
|
Balance
as per Cash Book Rs.2,800. |
2
|
Cheques
paid into bank but not credited Rs.590. |
3
|
Cheques
issued but not presented upto 31st July Rs.1,075. |
4
|
The
pass book shows a credit of Rs.50 for interest. |
5
|
Debit
of Rs.10 for bank charges appear twice in the pass book but not even once in cash book. |
6
|
A
customer Mr.Bilal deposited a cheque of Rs.50 directly into firm’s bank account but no entry was passed in cash book. |
7
|
A
cheque of Rs.50 deposited into bank but dishonored. |
8
|
A
cheque received from Zaki for Rs.345 was entered twice in cash book but the pass book showed only one credit. |
Solution:
Problem # 6:
Prepare
a bank reconciliation statement from the following on31st March 2004 . A
merchant’s Cash Book showed a bank balance of Rs.1,050 but due to the following
reasons the pass book showed a difference:
a bank reconciliation statement from the following on
merchant’s Cash Book showed a bank balance of Rs.1,050 but due to the following
reasons the pass book showed a difference:
1
|
A
cheque of Rs.54 issued to Sabeen has not been presented for payment. |
2
|
A
post-dated cheque of Rs.10 has been debited in the bank column of the cash book but under the circumstances it was not possible to present it. |
3
|
Four
cheques of Rs.120 sent to the bank have not been collected so far. |
4
|
A
cheque for Rs.40 deposited in the bank has been dishonoured. |
5
|
Bank
paid Rs.5 as insurance premium on behalf of depositor. |
6
|
There
was a debit in the pass book of Rs.150 in respect of bank charges and credit of Rs.250 for interest on investment. |
Solution:
