Question -
Answer -
Bank ReconciliationStatement can be prepared with the adjusted/amended bank column of the CashBook by the below given steps.
Step 1:┬аNote down the bank balance as per the CashBook.
Step 2:┬аRectify all the errors committed in theCash Book.
Step 3:┬аEnter those transactions in the debitcolumn of the Cash Book that are only in the credit column of the Pass Book.
Step 4:┬аEnter those transactions in the creditcolumn of the Cash Book that are only in the debit column of the Pass Book.
Step 5:┬аAfter 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) | ┬аAmount Rs (Less) |
| Adjusted balance as per the amended the Cash Book | тИТ | ┬а |
| ┬а | Add: Cheque issued but┬аnot┬аpresented. | тИТ | ┬а |
| ┬а | Less: Cheque deposited but┬аnot┬аcredit | тИТ | тИТ |
| Balance as per the Pass Book | ┬а | ┬а |
| ┬а | ┬а | ┬а | ┬а |
┬а