Bank Reconciliation Statement (BRS)

Question.1
From the following information prepare a Bank Reconciliation Statement as on 31st March 2022 for A Ltd.

Rs.
Bank overdraft as per cash book as 31st March, 2022 15,50,750
1. Cheques deposited on 15th February, 2022 credited on 5th April, 2022 12,50,000
2. Interest debited by bank on 31st March, 2022 but not entered in Cash Book 1,75,500
3. Cheques issued before 31st March, 2022 but not yet presented 7,75,000
4. On 10th March, 2022 bank credited to A Ltd. in error 1,50,000
5. Draft deposited in bank but not credited till 31st March, 2022 12,75,000
6. Bills for collection credited by bank but no advice received by the company 9,45,000
7. Bank charges charged by bank but not entered in cash book 2,85,000
8. Transport subsidy received from the state government directly by the bank not 17,50,000
advised to the company

June 2023 (5 Marks) Standard Time : 9 Min. Actual Time : ________

Question.2
The cash book of Mr. Karan shows Rs. 2,60,400 as the balance of bank as on 31st December, 2021 but you find
that it does not agree with the balance as per the bank pass book. On analysis, you found the following
discrepancies:
(i) On 15th December, 2021 the payment side of the cash book was overcast by Rs. 10,000.
(ii) A Cheque for Rs. 1,18,000 issued on 6th December, 2021 was not taken in the bank Column.
(iii) On 20th December, 2021 the debit balance of Rs. 8,460 as on the previous day, was brought forward as
credit balance in the cash book.
(iv) Of the total cheques amounting to Rs. 12,370 drawn in the last week of December 2021, cheques
aggregating Rs. 9,360 were encashed in December, 2021.
(v) Dividends of Rs. 35,000 collected by the bank and fire insurance premium of Rs. 7,900 paid by the bank
were not recorded in the cash book.
(vi) A Cheque issued to a creditor of Rs. 1,75,000 was recorded twice in the cash book.
(vii) Bill for collection amounting to Rs. 53,000 credited by the bank on 21st December, 2021 but no advice
was received by Mr. Karan till 31st December, 2021.
(viii) A Customer, who received a cash discount of 3% on his account of Rs. 60,000 paid a cheque on 10th
December, 2021. The cashier erroneously entered the gross amount in the bank column of the cash
book.
You are required to prepare the bank reconciliation statement as on 31st December, 2021.

Nov. 2022 (10 Marks) Standard Time : 18 Min. Actual Time : ________

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Question.3
From the following particulars, prepare a Bank Reconciliation Statement on 31st March 2021·
Particulars Amount (Rs.)
Bank balance as per Pass Book 25,00,000
Bills discounted dishonored not recorded in Cash Book 12,50,000
Cheque received entered twice in Cash Book 25,000
Bank charges entered twice in Cash Book 5,000
Insurance premium paid directly by Bank under-standing instruction 1,50,000
Cheque issued but not presented to Bank for payment 12,50,000
Cheque received, but not sent to Bank 28,00,000
Cheque deposited in Bank, but no entry passed in the Cash Book 12,50,000
Credit side of the Bank column cast short 5,000

June 2022 (5 Marks) Standard Time : 9 Min. Actual Time : ________

Question. 4
From the following particulars, prepare a Bank Reconciliation Statement as on 31st December,
2022.
(i) Debit balance (overdraft) shown by the pass book 2,48,000.
(ii) Cheques of 2,10,000 were issued in the last week of December, but of these only Rs. 1,40,000
were presented for payment.
(iii) A Cheque for Rs. 19,200 drawn for the payment of telephone bill had been entered in the cash book
as Rs. 29,200 but was shown correctly in the bank statement.
(iv) A cheque received for Rs. 37,520 entered twice in the Cash book.
(v) A Cheque for Rs. 1,17,000 was issued for purchase of merchandise and was paid by the bank but
not recorded in cash book.
(vi) Interest on overdraft and bank charges amounting to Rs. 3,500 were not entered in the Cash Book.
(vii) A Cheque for 45,000 was credited in the Pass Book but was not recorded in the Cash Book.
(viii) A bill of exchange for Rs. 26,200 which was discounted with bank returned dishonored but on
entry was made in the cash book.
(ix) Payment side of the Cash Book has been undercast by Rs. 12,000.

Dec. 2023 (10 Marks) Standard Time : 18 Min. Actual Time : ________

Question. 5
On 31-3-2020, Mahesh's Cash Book Showed a Bank overdraft of Rs. 98,700. On comparison he finds the
following :
(i) Out of the total cheques of Rs. 8,900 issued on 27th March, one cheque of Rs. 7,400 was presented
for payment on 4th April and the other cheque of Rs. 1,500 handed over to the customer, was
returned by him and in lieu of that a new cheque of the same amount was issued to him on 1st
April. No entry for the return was made.
(ii) Out of total cash and cheques of Rs. 6,800 deposited in the Bank on 24th March, one cheque of Rs.
2,600 was cleared on 3rd April and the other cheque of Rs. 500 was returned dishonoured by the
bank on 4th April.

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(iii) Bank charges Rs. 35 and Bank interest Rs. 2,860 charged by the bank appearing in the passbook are
not yet recorded in the cash book.
(iv) A cheque deposited in his another account of Rs. 1,550 wrongly credited to this account by the
bank.
(v) A cheque of Rs. 800, drawn on this account, was wrongly debited in another account by the bank.
(vi) A debit of Rs. 3,500 appearing in the bank statement for an unpaid cheque returned for being 'out
of date' had been re-dated and deposited in the bank account again on 5th April 2020.
(vii) The bank allowed interest on deposit Rs. 1,000.
(viii) A customer who received a cash discount of 4% on his account of Rs. 1,00,000 paid a cheque on
20th March, 2020. The cashier erroneously entered the gross amount in the bank column of the
Cash Book.
Prepare Bank Reconciliation Statement as on 31-3-2020.

Nov. 2020 (10 Marks) Standard Time : 18 Min. Actual Time : ________

Question. 6
According to the cash-book of G there was balance of Rs. 4,45,000 in his bank on 30th June, 2021 On
investigation you find that :
(i) Cheques amounting to 60,000 issued to creditors have not been presented for payment till the date
(ii) Cheques paid into bank amounting to 1,10,500 out of which cheques amounting to Rs. 55,000 only
collected by bank up to 30th June 2021
(iii) A dividend of Rs. 4,000 and rent amounting to 60,000 received by the bank and entered in the
pass-book but not recorded in the cash book.
(iv) Insurance premium (up to 31st December, 2020) paid by the bank Rs. 2,700 not entered in the
cash book.
(v) The payment side of the cash book had been under cast by Rs. 500
(vi) Bank charges Rs. 150 shown in the pass book had not been entered in the cash book.
(vii) A bill payable of Rs. 20,000 had been paid by the bank but was not entered in the cash book and bill
receivable for Rs. 6,000 had been discounted with the bank at a cost of Rs. 100 which had also not
been recorded in cash book.
You are required:
(1) To make the appropriate adjustments in the cash book, and
(2) To prepare a statement reconciling it with the bank pass book.

Dec. 2021 (10 Marks) Standard Time : 18 Min. Actual Time : ________

Question. 7
On 30th September, 2018, the bank account of XYZ, according to the bank column of the cash book, was
overdrawn to the extent of Rs. 8,062. An examination of the Cash book and Bank Statement reveals the
following:
(i) A cheque for Rs. 11,14,000 deposited on 29th September, 2018 was credited by the bank only on 3rd
October, 2018.
(ii) A payment by cheque for Rs. 18,000 has been entered twice in the Cash book.

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(iii) On 29th September, 2018, the bank credited an amount of Rs. 1,15,400 received from a customer of XYZ,
but the advice was not received by XYZ until 1st October, 2018.
(iv) Bank charges amounting to Rs. 280 had not been entered in the cash book.
(v) On 6th September 2018, the bank credited Rs. 30,000 to XYZ in error.
(vi) A bill of exchange for Rs. 1,60,000 was discounted by XYZ with his bank. The bill was dishonoured on
28th September, 2018 but no entry had been made in the books of XYZ.
(vii) Cheques issued upto 30th September,2018 but not presented for payment up to that date totaled Rs.
13,46,000.
(viii) A bill payable of Rs. 2, 00,000 had been paid by the bank but was not entered in the cash book and bill
receivable for Rs. 60,000 had been discounted with the bank at a cost of Rs. 1,000 which had also not
been recorded in cash book.
You are required:
To show the appropriate rectifications required in the cash book of XYZ, to arrive at the correct balance on
30th September, 2018 and to prepare a Bank Reconciliation Statement as on that date.

Nov. 2019 (10 Marks) Standard Time : 18 Min. Actual Time : ________

Question. 8
The Bank Pass Book of Account No.5678 of Mrs. Rani showed an overdraft of Rs. 33,575 on 31st March 2018. On going through
the Pass Book, the accountant found the following:
(i) A Cheque of Rs,1,080 credited in the pass book on 28th March 2018 being dishonoured is debited again
in the pass book on 1st April 2018. There was no entry in the cash book about the dishonour of the
cheque until 15 th April 2018.
(ii) Bankers had credited her account with Rs. 2,800 for interest collected by them on her behalf, but the
same has not been entered in her cash book.
(iii) Out of Rs. 20,500 paid in by Mrs. Rani in cash and by cheques on 31 st March 2018 cheques amounting
to Rs. 7,500 were collected on 7th April, 2018.
(iv) Out of Cheques amounting to Rs. 7,800 drawn by her on 27th March, 2018 a cheque for Rs. 2,500 was
encashed on 3rd April, 2018.
(v) Bankers seems to have given here wrong credit for Rs. 500 paid in by her in Account No. 8765 and a
wrong debit in respect of a cheque for Rs. 300 against her account No.8765.
(vi) A cheque for Rs. 1,000 entered in Cash Book but omitted to be banked on 31st March, 2018.
(vii) A Bill Receivable for Rs. 5,200 previously dishonoured (Discount Rs. 200) with the Bank had been
dishounoured but advice was received on 1st April, 2018.
(viii) A Bill for Rs. 10,000 was retired /paid by the bank under a rebate of Rs. 175 but the full amount of the
bill was credited in the bank column of the Cash Book.
(ix) A Cheque for Rs. 2,400 deposited into bank but omitted to be recorded in Cash Book and was collected
by the bank on 31st March, 2018.
Prepare Bank Reconciliation Statement as on 31st March, 2018.

May 2018 (10 Marks) Standard Time : 18 Min. Actual Time : ________

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Question. 9
Prepare the Bank Reconciliation Statement of M/s. R.K. Brothers on 30th June 2018 from the particulars given below:
(i) The Bank Pass Book had a debit balance of Rs. 25,000 on 30th June, 2018.
(ii) A cheque worth Rs. 400 directly deposited into Bank by customer but no entry was made in the Cash
Book.
(iii) Out of cheques issued worth Rs. 34,000, cheques amounting to Rs. 20,000 only were presented for
payment till 30th June, 2018.
(iv) A cheque for Rs. 4,000 received and entered in the Cash Book but it was not sent to the Bank.
(v) Cheques worth Rs. 20,000 had been sent to Bank for collection but the collection was reported by the
Bank as under.
(1) Cheques collected before 30th June, 2018, Rs. 14,000
(2) Cheques collected on 10th July, 2018, Rs. 4,000
(3) Cheques collected on 12th July, 2018, Rs. 2,000.
(vi) The Bank made a direct payment of Rs. 600 which was not recorded in the Cash Book.
(vii) Interest on Overdraft charged by the bank Rs. 1,600 was not recorded in the Cash Book.
(viii) Bank charges worth Rs. 80 have been entered twice in the cash book whereas Insurance charges for Rs.
70 directly paid by Bank was not at all entered in the Cash Book.
(ix) The credit side of bank column of Cash Book was under cast by Rs. 2,000.

May 2019 (10 Marks) Standard Time : 18 Min. Actual Time : ________

Question. 10
Prepare a bank reconciliation statement from the following particulars as on 31st March, 2018..

Particulars (Rs.)
Debit balance as per bank column of the cash book 18,60,000
Cheque issued to creditors but not yet presented to the Bank for payment 3,60,000
Dividend received by the bank but not entered in the Cash book 2,50,000
Interest allowed by the Bank 6,250
Cheques deposited into bank for collection but not collected by bank up to this date 7,70,000
Bank charges not entered in Cash book 1,000
A cheque deposited into bank was dishonoured, but no intimation received 1,60,000

Bank paid house tax on our behalf, but no intimation received form bank in this connection 1,75,000

Nov. 2018 (10 Marks) Standard Time : 18 Min. Actual Time : ________