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From the following particulars, prepare a bank reconciliation statement of Mr. William as on...

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Accounting

From the following particulars, prepare a bank reconciliation statement of Mr. William as on 31st December, 2015.

1

Balance as per cash book Dr

32000

2

Cheques deposited but not yet collected by Bank

20200

3

Cheques issued but not yet paid by bank

13000

4

Interest credited by bank but not recorded in cash book

250

5

Bank charges debited by Bank but not entered in cash book

50

Answer: The balance as per Pass Book Cr- 25000

If the statement is started with Pass book Balance

1

Balance as per Pass book Cr

25000

2

Cheques deposited but not yet collected by Bank

20200

3

Cheques issued but not yet paid by bank

13000

4

Interest credited by bank but not recorded in cash book

250

5

Bank charges debited by Bank but not entered in cash book

50

Answer & Explanation Solved by verified expert
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