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I. Bank balance as per Cash Book Rs.50,000 . Cheque deposited into Bank but not collected and eredited in Pass Book Rs.5,000. i. Cheque issued but not cashed Rs. 10,000. iv. Bank charges debited only in Pass Book Rs.500. .Direet deposited made by a customer to our Bank A/C appeared only in Pass Book Rs.2,500. vi. Interest on Bank balance credited only in Pass Book Rs.350. vii. Cheque of Rs.5,000 received from Murali, receorded in cash book but not paid into Bank.?
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I. Bank balance as per Cash Book Rs.50,000 . Cheque deposited into Ban...
Bank Reconciliation Statement

Bank balance as per Cash Book Rs. 50,000
Add: Cheque deposited but not collected Rs. 5,000
Less: Cheque issued but not cashed Rs. 10,000
Less: Bank charges debited in Pass Book Rs. 500
Add: Direct deposit by customer Rs. 2,500
Add: Interest on Bank balance credited Rs. 350
Adjusted Bank Balance (as per pass book) Rs. 47,350

Explanation:

1. Cheque deposited but not collected:
This means that the cheque was deposited in the bank, but the bank has not yet credited the amount to our account. Therefore, the amount of Rs.5,000 needs to be added to the bank balance as per Cash Book.

2. Cheque issued but not cashed:
This means that the company has issued a cheque, but the recipient has not yet cashed it. Therefore, the amount of Rs.10,000 needs to be deducted from the bank balance as per Cash Book.

3. Bank charges debited in Pass Book:
The bank has charged Rs.500 as charges, but this has not yet been recorded in the Cash Book. Therefore, the amount of Rs.500 needs to be deducted from the bank balance as per Cash Book.

4. Direct deposit by customer:
The customer has deposited Rs.2,500 directly into our bank account, but this has not yet been recorded in the Cash Book. Therefore, the amount of Rs.2,500 needs to be added to the bank balance as per Cash Book.

5. Interest on Bank balance credited:
The bank has credited Rs.350 as interest on our bank balance, but this has not yet been recorded in the Cash Book. Therefore, the amount of Rs.350 needs to be added to the bank balance as per Cash Book.

6. Cheque of Rs.5,000 received from Murali:
This cheque has been recorded in the Cash Book but has not been paid into the bank. Therefore, it needs to be deducted from the bank balance as per Cash Book.

In conclusion, after adjusting all the above items, the actual bank balance as per Pass Book is Rs.47,350.
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I. Bank balance as per Cash Book Rs.50,000 . Cheque deposited into Bank but not collected and eredited in Pass Book Rs.5,000. i. Cheque issued but not cashed Rs. 10,000. iv. Bank charges debited only in Pass Book Rs.500. .Direet deposited made by a customer to our Bank A/C appeared only in Pass Book Rs.2,500. vi. Interest on Bank balance credited only in Pass Book Rs.350. vii. Cheque of Rs.5,000 received from Murali, receorded in cash book but not paid into Bank.?
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I. Bank balance as per Cash Book Rs.50,000 . Cheque deposited into Bank but not collected and eredited in Pass Book Rs.5,000. i. Cheque issued but not cashed Rs. 10,000. iv. Bank charges debited only in Pass Book Rs.500. .Direet deposited made by a customer to our Bank A/C appeared only in Pass Book Rs.2,500. vi. Interest on Bank balance credited only in Pass Book Rs.350. vii. Cheque of Rs.5,000 received from Murali, receorded in cash book but not paid into Bank.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about I. Bank balance as per Cash Book Rs.50,000 . Cheque deposited into Bank but not collected and eredited in Pass Book Rs.5,000. i. Cheque issued but not cashed Rs. 10,000. iv. Bank charges debited only in Pass Book Rs.500. .Direet deposited made by a customer to our Bank A/C appeared only in Pass Book Rs.2,500. vi. Interest on Bank balance credited only in Pass Book Rs.350. vii. Cheque of Rs.5,000 received from Murali, receorded in cash book but not paid into Bank.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for I. Bank balance as per Cash Book Rs.50,000 . Cheque deposited into Bank but not collected and eredited in Pass Book Rs.5,000. i. Cheque issued but not cashed Rs. 10,000. iv. Bank charges debited only in Pass Book Rs.500. .Direet deposited made by a customer to our Bank A/C appeared only in Pass Book Rs.2,500. vi. Interest on Bank balance credited only in Pass Book Rs.350. vii. Cheque of Rs.5,000 received from Murali, receorded in cash book but not paid into Bank.?.
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