Question No 06 Chapter No 11

Question No 06 Chapter No 11

When Credit Balance(Overdraft) as per cash Books is Given:-

06.Prepare Bank Reconciliation Statement as of 31st January 2017, if Cash Book of Mr. Sanjay showed a credit balance of 20,100.
(i) The bank had paid a fire insurance premium of 550 which does not appear in the Cash Book.
(ii) Cheques for 25,000 issued during January, but cheques for only 18,500 were presented for payment.
(iii) Interest collected by bank 740.
(iv) Cheques of 8,700 were deposited into the bank, but cheques for 7,000 were cleared till 31st January 2017.
(v) A customer deposited 620 directly into the bank without informing Mr. Sanjay.

The solution of Question No 06 Chapter No 11: –

Bank Reconciliation Statement
ParticularPlus Items
(Rs)
Minus Items
(Rs)
Overdraft as per the Cash Book (Cr.) 20,100
(i) Fire insurance not debited 550
(ii) Cheques not presented for payment6,500 
(iii) Interest collected by bank not recorded740 
(iv) Cheques not cleared by bank 1,700
(v) Deposited directly into bank620 
Credit Balance as per Pass Book14,490 
 23,35023,350

Bank Reconciliation Statement | Process | Illustration |

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of all Chapters: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

Check out the Accountancy Class +1 by D.K. Goal (Arya Publication) from their official Site.

ISC Accounts 11 20 Image min 197x300 - Question No 06 Chapter No 11 - D.K Goal 11 Class
D K Goel accountancy +1 – ISC_Accounts_11_20_Image

Leave a Reply

About us

About us, we are here to improve your knowledge in all financial & Business related topics and to get better carrier opportunities. The author has about 10-year Experience in tuition Business. It is very difficult to teach a large number of students with a personal touch or in a classroom. 

Animation's Resource websites

All Icons and images used on my website were downloaded from the following website please go and download free:-

close