Bank Reconciliation Statement part 2
In continuation of part one, this video is to help you know how the question is solved for BRS with the help of the following example. 1. Debit balance as per cash book Rs. 10000 2. A cheque of Rs. 1000 deposited but not entered in the cash book 3. A cash deposit of 200 was recorded in cash book if there is no bank column therein 4. A cheque issued of Rs. 250 was recorded as 205 in the cash column 5. A debit balance of Rs. 1500 of the previous day was brought forward as a credit balance. 6.The paymnt side of the cash book was undercast by Rs. 100 7. A cash discount allowed of Rs. 112 was recorded as 121 in the bank column 8. A cheque of Rs. 500 received from a debtor was recorded in the cash book but not deposited in the bank for collection. 9. One outgoing cheque of Rs. 300 was recorded twice in the cash book.