Page 1 :
Meaning: ;, Bank reconciliation statement is a statement which is prepared to reconcile the difference, between the bank balance as per the cash book and the bank balance as per the pass book., , According to J.R.Batliboi, “A Bank Reconciliation Statement is prepared at periodical, intervals with a view to indicate the items which cause disagreement between the balance, as per the bank column of the cash book and the pass book balance on any given date”., , Features :, The important features of Bank Reconciliation Statement are:, e Itisastatement and not a ledger account., It is prepared periodically; say weekly, fortnightly, monthly, quarterly, half yearly or yearly, , depending upon the volume of banking transactions. Generally, it is prepared at the end, of every month., , e It is prepared by the bank customer (businessman) and not by the banker., , e It isnot a part of books of accounts. It is prepared on a sheet of paper out side the, books of accounts., , e It is prepared only when there is difference between the cash book balance and the, pass book balance., , e It is prepared to verify the accuracy of entries made in the cash book and in the pass, book.

Page 2 :
The form of Bank Reconciliation Statement is as follows:, , , , Bank Reconciliation Statement as on, , , , Particulars Amount = | Amount, , , , , , Bank Balance as per cash book eats, Or, Bank overdraft as per pass book 1S, Add:, a. Cheques issued, but not cashed een, b. Interest and dividend collected by the bank and, , credited in the pass book ie nore, c. Direct payment into businessman’s bank account by, , a third party entered in the pass book, but not entered, in the cash book sek, , d. Interest on bank balance credited in the pass book only eee, , e. Cheques deposited into bank for collection and, entered in the pass book but not entered in the cash book

Page 3 :
f Cheques issued and entered in the cash book but, dishonoured by the bank. ee, g. Over-casting of the credit side of the cash book, (bankcolumn) 4, h. Wrong credit in the pass book, i Under-casting of the debit side of the cash book, (bank column) sk, j. Wrong carry forward of debit balance as credit balance, in pass book . HK AK, EH, Less:, a. Cheques deposited into the bank for collection but, not collected RK, b. Cheques and bills sent to the bank for collection, dishonoured EEK, c. Bills or cheques discounted with the bank dishonoured, and debited in the pass book, but not entered in the, cash book RK, d. Cheques received from a third person entered in the cash, book (bank column) but not deposited into the bank. eres, e. Payment made by the bank on behalf the businessman ES, Cheque deposited into bank for collection and entered in, the cash book, but dishonoured and so, not entered in, the pass book teen, g. Over-casting of the debit side in the cash book, (bank column) : Se, h. Wrong debit in the pass book Re, i Bank charges and interest on overedraft debited in the, pass book but not entered in the cash book KK, j. Wrong debit in the cash book eee, k. Under-casting of the credit side of the cash book, (bank column) EEE, 1 Wrong carry forward of credit balance as debit balance, in pass book detokok soi, Bank balance as per pass book Perr, Or Bank overdraft as per cash book

Page 4 :
ott nt is as follows:, According to the alternative method, the form of Bank Reconciliation Stateme: 8, , Bank Reconciliation Statement as on ___——_—- ————_—__, Amount 7/Amount?, , , , , , cure AS =, Bank balance as per B48 book dee :, Or Bank overdraft as per cash book mare, Cheques “issued, but not cashed cae, 2 | Interest and dividend collected by the bank and credited, Oi 2 2s 2, , in the pass book, , 3 | Direct payment into businessman’s bank account by a, third party entered in the pass book , but not entered, in the cash book eK He, , 4 Interest on bank balance credited in the pass book only ae kk, , Cheques deposited into bank for collection and entered, in the pass book but not entered in the cash book

Page 5 :
Wuaprer — Jo aun awww yaawamnayan wero, , , , , , 6, , 10, , 11, , 12, , 13, , 14, , 15, , 16, 1, , 18, 19, , , , , , Cheques issued and entered in the cash book but, dishonoured by the bank., , Over-casting of the credit side of the cash book, (bank column), , Wrong credit in the pass book., , Under-casting of the debit side of the cash book, (bank column), , Wrong carry forward of debit balance as credit, balance in PB, , Cheques deposited into the bank for collection but, not collected., , Cheques and bills sent to the bank for collection, dishonoured, , Bills or cheques discounted with the bank dishonoured, and debited in the pass book, but not entered in the, cash book, , Cheques received from a third person entered in the, cash book (bank column) but not deposited into the bank., , Cheque deposited into bank for collection and entered, in the cash book, but dishonoured and so, not entered, in the pass book, , Payment made by the bank on behalf the businessman, , Over-casting of the debit side in the cash book, (bank column), , Wrong debit in the pass book, , Bank charges and interest on overdraft debited in the, pass book but not entered in the cash book, , a ee, , oh, , AA K, , He 7 2, , 2 7 OK, , ae a oR, , Re S, , RK, , RK, , kK, , oe OR, , 2K, , ae, , ae ea, , a ae ae ak