COMPLETED BANK RECONCILIATION QUESTIONS
Prepared solutions with calculations and reconciliation checks
Question 1 — Basic Bank Reconciliation
ABC Company — Bank Reconciliation Statement as at March 31, 2026
Particulars Amount
Balance as per Bank Statement $14,000.00
Less: Cheques issued but not yet presented ($3,000.00)
Add: Cheques deposited but not yet credited $2,000.00
Balance as per adjusted Cash Book $13,000.00
Adjustment of Cash Book
Particulars Amount
Balance as per Cash Book $12,500.00
Less: Bank charges not recorded ($250.00)
Add: Interest credited by bank $750.00
Adjusted Cash Book balance $13,000.00
Result: The statement reconciles. Both adjusted balances are $13,000.00.
Question 2 — Intermediate Bank Reconciliation
XYZ Services — Bank Reconciliation Statement as at June 30, 2026
Particulars Amount
Balance as per Bank Statement $27,500.00
Less: Cheques issued but not yet presented ($4,500.00)
Add: Deposit in transit $3,000.00
Balance indicated by bank timing items $26,000.00
Adjustment of Cash Book
Particulars Amount
Balance as per Cash Book $25,000.00
Less: Bank service charges ($300.00)
Add: Interest income credited by bank $500.00
Less: Customer cheque dishonoured ($1,200.00)
Less: Error in recording cheque ($2,100 − $1,600) ($500.00)
Adjusted Cash Book balance $23,500.00
Reconciliation check: The provided figures produce a $2,500.00 difference ($26,000.00 − $23,500.00). This
indicates that an additional item is missing or one of the supplied figures requires correction; the statement
cannot fully reconcile using the data exactly as given.
Question 3 — Comprehensive Bank Reconciliation
PQR Company — Bank Reconciliation Statement as at September 30, 2026
Particulars Amount
Prepared solutions with calculations and reconciliation checks
Question 1 — Basic Bank Reconciliation
ABC Company — Bank Reconciliation Statement as at March 31, 2026
Particulars Amount
Balance as per Bank Statement $14,000.00
Less: Cheques issued but not yet presented ($3,000.00)
Add: Cheques deposited but not yet credited $2,000.00
Balance as per adjusted Cash Book $13,000.00
Adjustment of Cash Book
Particulars Amount
Balance as per Cash Book $12,500.00
Less: Bank charges not recorded ($250.00)
Add: Interest credited by bank $750.00
Adjusted Cash Book balance $13,000.00
Result: The statement reconciles. Both adjusted balances are $13,000.00.
Question 2 — Intermediate Bank Reconciliation
XYZ Services — Bank Reconciliation Statement as at June 30, 2026
Particulars Amount
Balance as per Bank Statement $27,500.00
Less: Cheques issued but not yet presented ($4,500.00)
Add: Deposit in transit $3,000.00
Balance indicated by bank timing items $26,000.00
Adjustment of Cash Book
Particulars Amount
Balance as per Cash Book $25,000.00
Less: Bank service charges ($300.00)
Add: Interest income credited by bank $500.00
Less: Customer cheque dishonoured ($1,200.00)
Less: Error in recording cheque ($2,100 − $1,600) ($500.00)
Adjusted Cash Book balance $23,500.00
Reconciliation check: The provided figures produce a $2,500.00 difference ($26,000.00 − $23,500.00). This
indicates that an additional item is missing or one of the supplied figures requires correction; the statement
cannot fully reconcile using the data exactly as given.
Question 3 — Comprehensive Bank Reconciliation
PQR Company — Bank Reconciliation Statement as at September 30, 2026
Particulars Amount
