Accounting · Bank Reconciliation Statement

Given the following data, find the Overdraft balance as per the Passbook: • Overdraft as per Cash Book = 1,20,000 • Cheques issued but not presented = 30,000 • Cheques deposited but not cleared = 50,000 • Bank erroneously credited the account = 5,000 • Interest on Overdraft debited by bank = 2,000