Bank Reconciliation Example - 2
Wright Inc. has a balance in a Passbook of $10,000 as on 31 December 2018. These are the other
details:
1. Three cheques of $2,000, $1,500 and $2,500 were deposited in the bank on 30 December 2018
but were recorded in the bank statement in January 2019.
2. Cheque of $500 issued on 31 December 2018 was not presented for payment.
3. A dividend of $1,000 on stocks was credited in Bank Account, but not recorded in Cash Book.
4. A direct deposit of $400 was made in Bank Account by a customer, which was not recorded in
Cash Book.
5. Bank charges of $100 were entered only in Bank Passbook
6. Balance as per Cash Book on 31 December 2018 was $14,200.
