Question No 38 Chapter No 12 - T.S. Grewal 11 Class

Question No 38 Chapter No 12

38. From the following extracts from the cash book and passbook for the month of January 2018, prepare Bank Reconciliation Statement:

Dr.	Cashbook adjustment						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Jan. 2	To balance b/d		4,510	Jan. 2	By S. Gidwani & Co A/c		1,230
Jan. 3	To cash A/c		300	Jan. 6	By wages A/c		3,000
Jan. 10	To G. Basu & co., A/c		1,000	Jan. 14	By Bsau & Co., A/c (Cheque dishonoured)		1,000
Jan. 15	To Mohan & Co., A/c		2,300	Jan. 15	By V. Kumar & Sons A/c		300
Jan. 17	To Cash A/c		600	Jan. 18	By S. Sharda & Sons A/c		470
Jan. 20	To M. Mohan & Bros. A/c		1,550	Jan. 24	By Cash A/c		400
Jan. 24	To T.P. Bhalla & Co., A/c		740	Jan. 28	By R. Ramadas & Co., A/c		780
Jan. 31	To S. Leader & sons A/c		2,310	Jan. 28	By B. Bansal & bros. A/c		340
				Jan. 31	By Balance C/d		5,610
			19040				19040

 

Dr.	PASSBOOK				Cr.
Date	Particulars	Withdrawals Rs	Deposits Rs	Dr. Or Cr.	Balance
Jan. 1	By Balance			Cr.	4,510
Jan. 3	By cash		300	Cr.	4,810
Jan. 6	To Selves- cash	3,000		Cr.	1,810
Jan. 10	To S. Gidwani & co	1,230		Cr.	580
Jan. 16	To Mohan & Co.,		2,300	Cr.	2,880
Jan. 17	To Cash		600	Cr.	3,480
Jan. 20	To S. Sharda & Sons	470		Cr	3,010
Jan. 24	To Cash	400		Cr	2,610
Jan. 31	To Bank Charges	10		Cr	2,600
Jan. 31	To Life insurance premium as per instruction s	250		Cr	2,350
Jan. 31	By interest on Government securities		300	Cr	2,650

 

The solution of Question No 38 Chapter No 12: -  

Bank Reconciliation Statement

Particular	Plus Items (Rs)	Minus Items (Rs)
Balance as per Cash Book(Dr)	5,610
Cheque of T.P Bhalla & C., and S leader & sons of Rs 1,550, Rs 740 and Rs 2,130 dis not Benn cleared		4,420
Cheque issued to V. Kumar, R. Ramdas Co., and B. Bansal did receive for payment of Rs 300, Rs 780 and Rs 340	1,420
Bank charges did not enter in the cash book		10
A life insurance premium paid by bank did not enter in the cash book		250
Interest on government securities did not enter in the cash book	300
Balance as per pass Book		2,650
	7,330	7,330

 

To understand more about cash book please check out following links: -

https://tutorstips.com/bank-reconciliation-statement/

 

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Also, Check out the solved question of previous Chapters: -

• Chapter No. 5 - Accounting Equation
• Chapter No. 6 - Accounting Procedures - Rules of Debit and Credit
• Goods and Services Tax(GST)
• Chapter No. 8 - Journal
• Chapter No. 9 - Ledger
• Chapter No. 10 – Special Purpose Books I – Cash Book

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