Question No 05 Chapter No 12 - USHA Publication 11 Class

Question No 05 Chapter No 12

Table of Contents

The solution of Question No 05 Chapter No 12:-

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

When the starting point is the favourable balance of cash book

5.From the following particular, prepare bank reconciliation statement as on 31st March,208

Balance as per cash book on 31st March 2019 was Rs 12,000
Cheque deposited in the bank on 27th March Rs 6,000 credited in the passbook on 5th April 2019
Interest Rs 14 credited by bank on 31st March 2019 was not entered in the cash book
Cheque worth Rs 8,000 issued prior to 31st March 2019 was not presented to the bank till 31st March 2019
Bank charges Rs 18 recorded in passbook only
Cheque issued to a creditor for Rs 500 was through mistake entered in the cash book column of the cash book. The cheque had not been presented for payment

The solution of Question No 05 Chapter No 12:-

Bank Reconciliation Statement
	₹	₹
Balance as per Cash Book (Dr)		12,000
*Less:* Cheque paid into bank but not yet credited	6,000
*Add:* Interest credited by the bank not recorded in the cash book	14
Add: Cheque issued not presented for payment	8,000
Less: Bank charges recorded in passbook only	18

Balance as per Pass Book (cr.)		13,996

Note: A cheque for Rs 500 issued to the creditor was through mistake entered in the cash book in the cash column. The same has not been presented to the bank for payment. Therefore the entry does not affect the cash book and pass balance and will not appear in bank reconciliation