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Dear Teachers,

​

These slides have been prepared based on the NCERT syllabus to support you in teaching Plus One and Plus Two Accountancy and Computerised Accounting.

​

Please review and verify the content before using it in your classrooms. If you find any errors or have feedback, please let me know.

​

Mujeeb Rahiman C

HSST Commerce

GHSS Pattikkad

Malappuram Dt.

​

✉️ mujeebchemmala@gmail.com

9995983075 �

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BANK RECONCILIATION STATEMENT

Chapter - 5

illustration

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BRS - Formats

Bank Reconciliation Statement of ............... as on ..........................

SlNo.

Particulars

Rs. (+)

Balance as per Pass Book (favourable balance)

XXXX

XXXX

XXXX

Balance as per Cash Book (favourable balance)

XXXX

Rs. (-)

Entries on account of which the balance as per Pass Book is lesser in comparison to the balance as per Cash Book

XXX

Entries on account of which the balance as per Pass Book is higher in comparison to the balance as per Cash Book

XXX

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BRS - Formats

Bank Reconciliation Statement of ............... as on ..........................

SlNo.

Particulars

Rs. (+)

1

Balance as per Pass Book

XXXX

XXXX

XXXX

8

Cheques issued but not presented for payment

XXX

9

Interest allowed by bank

XXX

2

Cheque deposited but not yet collected by bank

XX

3

Direct payment made by the bank

XXX

Balance as per Cash Book

XXXX

Rs. (-)

10

Amount directly deposited by customers

XX

11

Interest and dividends collected by bank

XX

4

Bank charge and commission charged by bank

XX

5

Cheque deposited but dishonoured by bank

XXX

12

Cheque deposited but omitted to enter in Cash book

XX

13

Any wrong credit given by bank in the pass book

XX

6

Cheque issued but omitted to record in Cash Book

XX

7

Any wrong debit given by bank in the pass book

XXX

14

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5. Balance as per Cash Book Rs. 27,810

1. The bank passbook showed a balance of Rs. 45,000 on May 31, 2017.

2. Cheques issued before May 31, 2017, amounting to Rs. 25,940 had not been

presented for encashment.

3.Two cheques of Rs. 3,900 and Rs. 2,350 were deposited into the bank on

May 31 but the bank gave credit for the same in June, 2017.

4. A Cheque of Rs. 2,500 is returned dishonoured on 31.5.2017.

Prepare a bank reconciliation statement of of M/s. Boss & Co. as on May 31, 2017.

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1. The bank passbook showed a balance of Rs. 45,000 on May 31, 2017.

Starting from Pass Book balance and ends at Cash Book balance

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Bank Reconciliation Statement of M/S Boss & Co. as on May 31, 2017

SlNo.

Particulars

Rs. (+)

1

Balance as per Pass book

45000

Rs. (-)

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2. Cheques issued before May 31, 2017, amounting to Rs. 25,940 had not been presented for encashment.

Rs. 25940 credited (deducted) in the Cash Book when the cheque is issued

- 25940

- 25940

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Bank Reconciliation Statement of M/S Boss & Co. as on May 31, 2017

SlNo.

Particulars

Rs. (+)

1

Balance as per Pass book

45000

2

Cheques issued but not presented for payment

25940

Rs. (-)

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3.Two cheques of Rs. 3,900 and Rs. 2,350 were deposited into the bank on

May 31 but the bank gave credit for the same in June, 2017.

Rs. 6250 (3900+2350) debited (added) in the Cash Book when the cash is deposited

+ 6250

+6250

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Bank Reconciliation Statement of M/S Boss & Co. as on May 31, 2017

SlNo.

Particulars

Rs. (+)

1

Balance as per Pass book

45000

3

Cheques deposited but not collected by the bank (Rs. 3,900+ Rs. 2,350)

6250

2

Cheques issued but not presented for payment

25940

Rs. (-)

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3. A Cheque of Rs. 2,500 returned dishonoured on 31.5.2017.

Rs. 2500 debited (added) in the Cash Book when it is deposited

+ 2500

+2500

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Bank Reconciliation Statement of M/S Boss & Co. as on May 31, 2017

SlNo.

Particulars

Rs. (+)

1

Balance as per Pass book

45000

53750

53750

3

Cheques deposited but not collected by the bank (Rs. 3,900+ Rs. 2,350)

6250

4

Cheque dishonoured

2500

2

Cheques issued but not presented for payment

25940

Balance as per Cash Book

27810

Rs. (-)

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5. Balance as per Cash Book Rs. 27,810

1. The bank passbook showed a balance of Rs. 45,000 on May 31, 2017.

2. Cheques issued before May 31, 2017, amounting to Rs. 25,940 had not been

presented for encashment.

3.Two cheques of Rs. 3,900 and Rs. 2,350 were deposited into the bank on

May 31 but the bank gave credit for the same in June, 2017.

4. A Cheque of Rs. 2,500 is returned dishonoured on 31.5.2017.

Prepare a bank reconciliation statement of of M/s. Boss & Co. as on May 31, 2017.

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Bank Reconciliation Statement of M/S Boss & Co. as on May 31, 2017

SlNo.

Particulars

Rs. (+)

1

Balance as per Pass book

45000

53750

53750

2

Cheques deposited but not collected by the bank (Rs. 3,900+ Rs. 2,350)

6250

3

Cheque dishonoured

2500

4

Cheques issued but not presented for payment

25940

Balance as per Cash Book

27810

Rs. (-)

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BANK RECONCILIATION STATEMENT

Chapter - 5

illustration

Overdraft

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BRS - Formats

Bank Reconciliation Statement of ............... as on ..........................

SlNo.

Particulars

Rs. (+)

1

Overdraft as per Pass Book

XXXX

XXXX

XXXX

8

Cheques issued but not presented for payment

XXX

9

Interest allowed by bank

XXX

2

Cheque deposited but not yet collected by bank

XX

3

Direct payment made by the bank

XXX

Overdraft as per Cash Book

XXXX

Rs. (-)

10

Amount directly deposited by customers

XX

11

Interest and dividends collected by bank

XX

4

Bank charge and commission charged by bank

XX

5

Cheque deposited but dishonoured by bank

XXX

12

Cheque deposited but omitted to enter in Cash book

XX

13

Any wrong credit given by bank in the pass book

XX

6

Cheque issued but omitted to record in Cash Book

XX

7

Any wrong debit given by bank in the pass book

XXX

14

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5. Cheque deposited but not yet cleared 6,000

1. Overdraft as per Pass Book 20,000

2. Interest on overdraft 2,000

3. Insurance Premium paid by the bank 200

4. Cheque issued but not presented for payment 6,500

From the following particulars of Asha & Co. prepare a bank reconciliation statement on December 31, 2017.

6. Wrongly debited by the bank 500

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1. Overdraft as per Pass Book 20,000

Starting from Pass Book balance (Overdraft) and ends at Cash Book balance

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Bank Reconciliation Statement of Asha & Co as on December 31, 2017

SlNo.

Particulars

Rs. (+)

1

Overdraft as per passbook

20000

Rs. (-)

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2. Interest on overdraft 2,000

Rs. 2000 debited (deducted) from the Pass Book as interest on overdraft

- 2000

+2000

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Bank Reconciliation Statement of Asha & Co as on December 31, 2017

SlNo.

Particulars

Rs. (+)

1

Overdraft as per passbook

20000

2

Interest on overdraft

2000

Rs. (-)

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3. Insurance Premium paid by the bank 200

Rs. 200 debited (deducted) from the Pass Book when insurance premium paid by bank

- 200

+200

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Bank Reconciliation Statement of Asha & Co as on December 31, 2017

SlNo.

Particulars

Rs. (+)

1

Overdraft as per passbook

20000

2

Interest on overdraft

2000

3

Insurance premium paid by the bank

200

Rs. (-)

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4. Cheque issued but not presented for payment 6,500

Rs. 6500 credited (reduced) in the Cash Book when the cheque is issued

- 6500

- 6500

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Bank Reconciliation Statement of Asha & Co as on December 31, 2017

SlNo.

Particulars

Rs. (+)

1

Overdraft as per passbook

20000

2

Interest on overdraft

2000

3

Insurance premium paid by the bank

200

4

Cheque issued but not presented for payment

6500

Rs. (-)

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5. Cheque deposited but not yet cleared 6,000

Rs. 6000 debited (added) in the Cash Book when cheque is deposited

+ 6000

+6000

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Bank Reconciliation Statement of Asha & Co as on December 31, 2017

SlNo.

Particulars

Rs. (+)

1

Overdraft as per passbook

20000

2

Interest on overdraft

2000

3

Insurance premium paid by the bank

200

4

Cheque issued but not presented for payment

6500

Rs. (-)

5

Cheques deposited but not yet cleared

6000

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6. Wrongly debited by the bank 500

Rs. 500 debited (deducted) in the Pass Book by mistake

- 500

+500

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Bank Reconciliation Statement of Asha & Co as on December 31, 2017

SlNo.

Particulars

Rs. (+)

1

Overdraft as per passbook

20000

26500

26500

2

Interest on overdraft

2000

3

Insurance premium paid by the bank

200

4

Cheque issued but not presented for payment

6500

Overdraft as per Cash Book

17800

Rs. (-)

5

Cheques deposited but not yet cleared

6000

6

Wrongly debited by the bank

500

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BANK RECONCILIATION STATEMENT

Chapter - 5

illustration

Preparation of BRS with adjusted Cash Book

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Methods of preparation of BRS

1. Preparation of BRS without adjusting Cash Book

2. Preparation of BRS with adjusted Cash Book

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Methods of preparation of BRS

2. Preparation of BRS with adjusted Cash Book

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Bank Reconciliation Statement as on December 31, 2016

SlNo.

Particulars

Rs. (+)

1

Overdraft as per Cash book

19000

22400

22400

2

Uncleared Cheques

3400

3

Unpresented Cheque

6000

Overdraft as per Pass Book

16400

Rs. (-)

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MUJEEB RAHIMAN C

HSST COMMERCE

GHSS PATTIKKAD

MALAPPURAM DT