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THE MAIN AIM OF PREPARING IS TO RECONCILE THE BALANCE AS PER OUR BENK BOOK AND BANK STATEMENT i.e. BANK A/C .............................

THE ABOVE SITUATION IS REVERSED TO THE BELOW GIVEN SITUATION:-

E.G.:-

28/3/2010 BALANCE IS RS.200000/- FOR BANK BOOK AND BANK A/C. ON 29/3/2010 CHEQUE IS  ISSUED RS.20000/- ........

THEN YOUR REMAINING BALANCE AS PER BANK BOOK WILL BE RS.180000/-(200000-20000).....

BUT CHEQUE IS NOT PRESENTED TILL 2/4/2010 .

NOW WE WANT TO KNOW THE BALANCE AS PER THE BANK A/C AS ON 31/3/2010........

THEN CHEQUE AMOUNT RS.20000/- IS REQUIRED TO BE ADDED TO KNOW THE REAL BALANCE AS PER BANK A/C ON 31/03/2010.....BECAUSE THE CASH WILL  NOT BE PAID UNTILL THE CHEQUE IS NOT PRESENTED.........SO ACCORDINGLY THE BALANCE AS PER BANK A/C WILL BE HIGHER .............

THAT'S WHY WE REQUIRE TO ADD BACK THE CHEQUE WHICH ARE NOT PRESENTED FOR PAYMENT............

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