Question:

Please proper explain and do not copy from Chegg. Other wise i have to report the answer.

On 31st January, 2021 the Bank pass book of Rajiv Ltd. revealed a favorable balance of $ 758,420 but the balance as per Bank column of Cash book does not agree with the pass book balance. A detailed scrutiny into the books disclosed the following facts. 1. Bank Charges $ 4,500 had not been entered in the Cash Book. 2. A deposit of $ 5,200 into bank had been entered twice in the Cash Book. 3. $ 105,720 value of checks issued to creditors but they haven't presented for payment. 4. Anil, a customer directly deposited $ 54,500 into the Company's Bank account, but no entry has been made in Cash Book. 5. Checks worth $ 112,450 deposited into Bank but not cleared before 31st January, 2021. 6. Interest of $ 7,850 was credited by Bank but no entry made in Cash book. From the above particulars prepare a Bank Reconciliation Statement and find out the Balance as per Bank column of Cash Book as on 31st January, 2021