Balance as Per Cash Book BRS

 

When balance as per cash book or debit balance as per cash book is given

It is the first step of solution related to bank reconciliation statement problems and solution.

Here debit balance as per cash book and balance as per cash book is same.

 

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = 

PROBLEM: 1A

The following extracted data are given by BC Traders:

a.     Bank balance as per cash book Rs 18,000 on March ended.

b.    Cheque issued but not presented for payment Rs 24,000.

c.     Interest credited by bank but not recorded in cash book Rs 850.

d.    Amount direct deposited by customer Rs 12,000.

e.     Cheque deposited but not yet credited by bank Rs 35,000.

f.       Electricity bill paid by bank as per instruction Rs 350.

Required: Bank reconciliation statement

[Answer: Balance as per pass book = Rs 19,500]

SOLUTION:

                                                     Bank Reconciliation Statement

                                                            For the month of March

Particulars		Amount	Amount
Balance as per cash book			18,000
Add:	Cheque issued but not yet presented for payment Interest credited by the bank but not recorded in cash book Amount direct deposited by customer	24,000 850 12,000	36,850
			54,850
Less:	Cheque sent for collection but not yet been credited by bank Electricity bill paid by bank	35,000 350	(35,350)
Balance as per pass book			19,500

Or

                                                            Bank Reconciliation Statement

                                                                    For the month of March

Particulars		Amount	Amount
Balance as per cash book			18,000
Add:	Cheque issued but not yet presented for payment Interest credited by the bank but not recorded in cash book Amount direct deposited by customer	24,000 850 12,000	36,850
Less:	Cheque sent for collection but not yet been credited by bank Electricity bill paid by bank	35,000 350	(35,350)
Balance as per pass book			19,500

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PROBLEM: 1B

The following extracted data are given by KC Traders:

a.     Debit balance as per cash book Rs 8,000 on April ended.

b.    Cheque issued issued of Rs 52,000 but not presented for payment Rs 16,000.

c.     Dividend collected by bank but not recorded in cash book Rs 430.

d.    Interest allowed by bank Rs 150 but not recorded in cash book

e.     Cheque deposited but not yet collected by bank Rs 13,000.

f.       Insurance premium paid by bank as per instruction Rs 3,500.

Required: Bank reconciliation statement

[Answer: Balance as per pass book = 4,080]

SOLUTION:

                                                            Bank Reconciliation Statement

                                                                    For the month of April

Particulars		Amount	Amount
Balance as per cash book			8,000
Add:	Cheque issued but not yet presented for payment Dividend collected by the bank but not recorded in cash book Amount direct deposited by customer	16,000 430 150	16,580
			24,580
Less:	Cheque sent for collection but not yet been credited by bank Insurance premium paid by bank	13,000 7,500	(20,500)
Balance as per pass book			4,080

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PROBLEMS  AND  ANSWERS

 

Here, Amount = Rs = $ = £ = € = ₹ = Af = ৳ = Nu = Rf = රු = 

BALANCE AS PER CASH BOOK

Basic Problem: 1A

The following extracted data are given by BG Traders:

1.    Bank balance as per cash book Rs 12,000 on March ended.

2.    Cheques issued of Rs 32,000 but presented for payment only Rs 22,000.

3.    Interest credited by bank in pass book Rs 850.

4.    Cash direct deposited into bank by customer Rs 15,000.

5.    Cheque deposited but not yet credited by bank Rs 35,000.

6.    Postpaid mobile bill paid by bank Rs 450.

Required: Bank reconciliation statement

[Answer: Balance as per pass book =  2,400]

Basic Problem: 1B

The following extracted data are given by KP Traders:

a.     Debit balance as per cash book Rs 38,000 on April ended.

b.    Cheques issued of Rs 57,000 but not presented for payment Rs 35,000.

c.     Dividend collected by bank but not recorded in cash book Rs 450.

d.    Interest credited by bank Rs 150 but not recorded in cash book

e.     Cheque deposited of Rs 83,000 but  realized by bank only Rs 37,000.

f.       Telephone and internet bill paid by bank as per instruction Rs 4,600.

Required: Bank reconciliation statement

[Answer: Balance as per pass book = 23,000]

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