The cash book of Mr. Karan shows 2,60,400 as the balance of bank as on 31 December, 2021 but you find that it does not agree with the balance as per the bank pass book. On analysis, you found the following discrepancies:
6) On 15 December, 2021 the payment side of the cash book was overcast by 10,000.
A Cheque for 1,18,000 issued on 6th December, 2021 was not taken in the bank Column.
14120(in) On 20 December, 2021 the debit balance of 8,460 as on the previous day, was brought forward as credit balance in the cash book.
(iv) of the total cheques amounting to 12,370 drawn in the last week of December 2021, cheques aggregating 9,360 were encashed in December, 2021.
(v) Dividends of 35,000 collected by the bank and fire insurance premium of 7,900 paid by the bank were not recorded in the cash book.
) A Cheque issued to a creditor of ₹ 1,75,000 was recorded twice in the cash book.
(vi
(vii) Bill for collection amounting to 53,000 credited by the bank on 21 December, 2021 but no advice was received by Mr. Karan till 31 December, 2021.
(viii) A Customer, who received a cash discount of 3% on his account of 60,000 paid a cheque on 10 December, 2021. The cashier erroneously entered the gross amount in the bank column of the cash book.
You are required to prepare the bank reconciliation statement as on 314 December, 2021.
December 31, 2023
