ILLUSTRATION:
Tulsian Ltd provides you the following information as at st March:
Cheque deposited but not yet collected by bank
Cheques issued but not yet presented for payment
Bank charges debited in Pass Book only
Interest allowed in Pass Book only
Insurance Premium paid directly by bank under standing advice
Bills receivables directly collected by bank
A wrong debit given by bank in Pass Book
A wrong credit given by bank in Pass Book
Direct payment by a customer into the bank but not recorded in Cash
Book
Required: Prepare a Bank Reconciliation Statement as at st March in
each of the following alternative cases:
Case I If the debit balance as per Cash Book was
Case II If the credit balance as per Pass Book was
Case III If an overdraft as per Cash Book was
Case IV If an overdraft as per PassBookwas
