Bank Reconciliation Statement Format As Per Cash Book

Balance at bank as per cash book 525 add.

Bank reconciliation statement format as per cash book. This must be a direct deposit received by the bank. In the above paragraphs we have discussed the general points that have to be kept in view while preparing the bank reconciliation statement. Bank reconciliation example 3. A deposit of 5000 received by the bank and entered in the bank statement on 28 may doesnt appear in the cash book.

Put the difference as balance as per cash bookpass book or overdraft balance as per cash bookpass book as the case may be. Outstanding lodgements 220 300 520 balance at bank as per bank statement 545. This must be a direct deposit received by the bank. In the above illustration the amount received as interest will have to be debited in the cash book and the bank charges credited in it.

Bank statements are sent out to customers on a regular basis for example. You are advised to prepare a bank reconciliation statement as on that date with the following information. The balance at bank as per cash book will thus be rs 35430. Are deposited in the bank the cash book bank column is debited ie.

The balance as per pass book should match to balance at bank as per cash book. An entry is made in the bank column on the debit side of the cash book. 1 compare the both opening balances of cash book and bank statement these might be different because of un presented or un credited cheques from the previous period. Balance as per cash book is 1400.

Now we shall move to discuss some additional and specific steps. Therefore the proper method of preparing a bank reconciliation statement is to first make the required entries in the cash book ascertain the correct balance and then proceed to the preparation of the statement. Explanation of cash book and bank statement most businessmen use a two or three column cash book with a bank column for recording transaction made through the bank account. Has a difference in the balance as per cash book and bank statement as on 31 st march 2019.

But as both the books are related to one person and same transactions are recorded in both the books so the balance of both the books should match ie. The process for preparing the bank reconciliation statement brs follows the below steps or method. Unpresented cheques taverner trading company 60 puccini partnership 100 b britten ltd 80 240 765 less. Locate them on the bank statement and tick off these and opening balances as now agreeing.