Question No 04 Chapter No 12 - USHA Publication 11 Class

Question No 04 Chapter No 12

When the starting point is the favourable balance of cash book

4.On 31st December 2017 the cash book of Madhav Kumar showed a debit balance of Rs 1,850. On comparing the cash book with passbook the following discrepancies were noted:

Cheque issued Rs 6,000 were not presented at bank by31.12.2017
A cheque for Rs 8,000 was deposited in the bank but was not cleared
A cheque for Rs 200 received from Dhavan and deposited in the bank was dishonoured. No advice for non-payment was received from the bank till 1.1.2018
A cheque for Rs 510 was paid into bank but bank credited the amount with Rs 501 by mistake
The bank received interest on Debentures on behalf of Madhav Kumar amounting to Rs 250
A cheque for Rs 500 entered into the cash book was omitted to be banked.
Prepare a bank reconciliation statement and show the balance as per passbook

The solution of Question No 04 Chapter No 12:-

Bank Reconciliation Statement
Particular	Plus Items (Rs)	Minus Items (Rs)
Balance as per Cash Book(Dr)	1,850
Cheque issued but not yet presented for payment	6,000
Cheque paid into bank not creditor		8,000
Cheque paid in bank dishonoured, not entered in the cash book		200
Cheque of Rs 510 paid into bank creditor the amount with Rs 501		9
Interest on Debentures credited in passbook but not entered in the cash book	250
Cheque entered in the cash book but omitted to banked		500
Overdraft as per Pass Book	609
	8,709	8,709