Question -
Answer -
Bank ReconciliationStatement can be prepared with the adjusted/amended bank column of the CashBook by the below given steps.
Step 1: Note down the bank balance as per the CashBook.
Step 2: Rectify all the errors committed in theCash Book.
Step 3: Enter those transactions in the debitcolumn of the Cash Book that are only in the credit column of the Pass Book.
Step 4: Enter those transactions in the creditcolumn of the Cash Book that are only in the debit column of the Pass Book.
Step 5: After completing the above steps, thebalance or the overdraft, as per amended Cash Book, arrives, with which BankReconciliation Statement can be prepared.
The performa of BankReconciliation Statement through amended balance is given below.
| Bank Reconciliation Statement, as on ______ |
| Particulars | Amount Rs (Add) | Amount Rs (Less) |
| Adjusted balance as per the amended the Cash Book | − | |
| | Add: Cheque issued but not presented. | − | |
| | Less: Cheque deposited but not credit | − | − |
| Balance as per the Pass Book | | |
| | | | |