Question - 01
On the April, 2000 there was debit balance of Rs. 40,000 in the Bank Account of 'A' as per his cash book it was subsequently discovered that:
  1. A Bank draft of Rs. 62,000 received in April has been collected and credited in the bank, but the same has not been entered in the cash book.
  2. Cheques amounting to Rs. 6,000 were deposited in the bank, but not yet collected.
  3. The passbook shows a credit of Rs. 350 as interest on investment collected by bankers and debit of Rs. 40 for bank charges.
  4. Acustomer deposited Rs. 1,000 direct in the bank Account  but it was entered only in the passbook.
Prepare bank reconciliation statement and show the bank balance as per passbook.