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t snipo 5. Bank Reconciliation Statement Given a comparison of Cash Book and Bank Statement...

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t snipo 5. Bank Reconciliation Statement Given a comparison of Cash Book and Bank Statement of Southern Stars for the month of March revealed the following on March 31, 2017 1. Balance as per Cash Book Rs. 50,500, 2. Balance as per Bank Statement Rs. 35,750. 3. Cheque deposited on 31 March 2017 not shown in Bank Statement for Rs. 6,250, 4. Interest credited by Bank R. 350 not recorded in Cash Book. 5. Bank service charges shown in bank statement Rs. 150. 6. Cheque dishonored by the bank not recorded in cash book R: 7,000 7 Cheques issued during the month Rs. 3,000 but cheques of Rs. 1,350 were presented for payment in bank. 8. A cheque of Rs 13,000 issued for payment of A/C Payable but recorded in cash book as Rs. 12,000. 9. A cheque of Rs. 100 deposited in bank but recorded in cash book as Rs. 1,100, 10. The Bank paid a note on firm's behalf Rs.1350/- Required A. Prepare Bank Reconciliation statement as on March 31, 2017 B. Prepare necessary adjusting entries in General Journal of Southern Stars

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