Question No 11 Chapter No 12 - T.S. Grewal 11 Class

Question No 11 Chapter No 12

Credit (Favorable) balance as per the passbook

11. Prepare Bank Reconciliation Statement from the following particulars on 31st July 2017

Balance as per pass book Rs 50,000
Three cheques for Rs 6,000, Rs 3,937 and Rs 1,525 issued in last week of July 2017 were presented for payment to the bank in August 2017
Two cheques of Rs 500 and Rs 650 sent to the bank for the collection were not entered in the Passbook by 31st July 2017
The bank charged Rs 460 for its commission and allowed interest of Rs 100 which were not mentioned in the Bank column of the cash book.

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Bank Reconciliation Statement
Particular	Plus Items (Rs)	Minus Items (Rs)
Balance as per Pass Book(Cr)		50,000
Cheque issued but not credit by the bank.	11,462
Cheque deposited into the bank but not entered in passbook		1,150
Bank charged commission and allowed interest by the bank	100	460
Balance as per Pass Book	40,048
	51,610	51,610

To understand more about cash book please check out following links: –

Bank Reconciliation Statement | Process | Illustration |

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T.S. Grewal’s Double Entry Book Keeping

Question No 11 Chapter No 12 – T.S. Grewal 11 Class