Question No 10 Chapter No 12 – USHA Publication 11 Class

Question No 10 Chapter No 12

Question No 10 Chapter No 12

When the starting point is a favourable balance of passbook

10. From the following particular, ascertain the balance by means f the statement that would appear in the passbook of Swaminathan as on 31st December 2018.

  1. Overdraft as per cash book (31st December 2018) Rs 7,190
  2. Interest on overdraft for six months ending 31st December 2018 Rs 160
  3. Bank charges for the above period Rs 70
  4. The cheque is drawn but not cashed by the customers prior to 31st December 2018 Rs 1,270
  5. Cheque paid into bank Rs 2,210 but not cleared before 31st December 2018
  6. A bill receivable Rs 600 (discounted with bank in November) dishonoured on 31st December 2018

The solution of Question No 10 Chapter No 12:-

Bank Reconciliation Statement
Particular (Rs)
(Rs)
Overdraft as per Cash Book   7,190
Add: interest on overdraft debited by the bank 160  
Add: bank charges debited by the bank 70  
Add: cheque paid into bank but not yet cleared 2,210  
Add: bill receivable discount with the bank but dishonoured 30 3,040
    10,203
Less: cheque issued but not yet presented for payment 1,270 1,270
Overdraft as per PassBook   8,960

 

 

Bank Reconciliation Statement | Process | Illustration |

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

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

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

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