Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question No 16 Chapter No 12
16. Rom the following particulars, ascertain the balance that would appear in the cash book of Santosh Kumari as at December 31, 2018.
| Rs | ||
| (i) | Overdraft as per pass book (31st December 2018) | 13,880 |
| (ii) | Interest on overdraft for six months ending 31st December 2014(not yet entered in the cash book ) | 240 |
| (iii) | Bank charges for the above period (not yet entered in the cash book ) | 60 |
| (iv) | The cheque is drawn but not cashed by the customers prior to 31st December 2018 | 2,300 |
| (v) | Cheque paid into bank but not cashed by the customers prior to 31st December 2018 | 4,340 |
| (vi) | A bill receivable (discounted with the bank in November) dishonoured on 31st December 2018 | 1,000 |
Bank Reconciliation Statement
| Particular | (Rs) |
(Rs) |
|---|---|---|
| Overdraft as per Pass Book | 13,880 | |
| Add: cheques issued but not yet presented for payment | 2,300 | 2,300 |
| 16,180 | ||
| Less: Interest on overdraft debited by the bank | 240 | |
| Less: bank charges debited by the bank | 60 | |
| Less: cheque paid into bank but not yet collected | 4,340 | |
| Less: bills received discounted dishonoured by a bank | 1,000 | 5,640 |
| Overdraft as per Cash Book | 10,540 |
https://tutorstips.com/bank-reconciliation-statement/
Thanks, Please Like and share with your friends
Comment if you have any question.
Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Economics Educator
Mrs. Dilgeerjot Kaur holds a B.Com and M.Com degree and has over 9 years of teaching experience in microeconomics, macroeconomics, and business economics.
This guide covers "Question No 16 Chapter No 12 - USHA Publication 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +1 Elements of Book-Keeping.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question No 16 Chapter No 12 - USHA Publication 11 Class" instantly.
