Bank reconciliation statement

General Accounting Principles

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Overdraft as per Cash book is Rs. 20,000. Cheques issued but not presented for payment Rs. 5000. Bank charges deducted by bank Rs. 200.Balance as per passbook is-

Bank overdraft 15,200

Bank balance 15,200

Bank overdraft -14,800

None of the above

Explanation:

Overdraft – Rs 20,000
Cheques issued but not presented for payment +5000
Bank charges -200
Bank overdraft = -20,000 +5,000-200= 15,200

By: Munesh Kumari

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