Question No 06 Chapter No 12 – USHA Publication 11 Class

Question No 06 Chapter No 12

Question No 06 Chapter No 12

When the starting point is a favourable balance of passbook

6. From the following particular, prepare a bank reconciliation statement as on 31st December 2018
On 31st December 2018, Veena Malik’s passbook showed a credit balance of Rs 5,400. A comparison of the entries with cashbook revealed that she had paid in cheque amounting to Rs 60 on30th December 2018 out of which cheque of the value of Rs 240 were credited in the passbook on 3rd January 2019. She had issued amounting to Rs 1,500 before 31st December, of which she found that cheque for Rs 466 was debited in her account after 1st January 2019. There was a debit in the passbook of Rs 15 in respect of bank charges had the credit of Rs 35 for interest on the current account

 

The solution of Question No 06 Chapter No 12:-  

Bank Reconciliation Statement
Particular Plus Items
(Rs)
Minus Items
(Rs)
Balance as per Pass Book(Cr)   5,400
Add: Cheque paid into the bank not yet collected 240  
Add: Bank charged debited by the bank 15 255
    5,655
Less: cheque issued but not yet presented for payment 466  
Less: interest on current account credited by the bank 35 501
Balance as per Cash Book   5,154

 

 

Bank Reconciliation Statement | Process | Illustration |

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

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Vouchers and transactions

Chapter No. 4 – Journal

Chapter No. 5 – Ledger

Chapter No. 6 – Cash Book

Chapter No. 7 – Other Subsidiary Books

Chapter No. 8 – Journal Proper

Chapter No. 9 – Trial Balance 

Chapter No. 10 – Bank Reconciliation Statement

Chapter No. 11 – Depreciation

Chapter No. 12 – Provisions and Reserves 

Chapter No. 13 – Bills of Exchange

Chapter No. 14 – Rectification of Errors 

Chapter No. 15 – Financial Statements – (Without Adjustments)

Chapter No. 16 – Financial Statements – (With Adjustments)

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