Question No 13 Chapter No 12 – USHA Publication 11 Class

Question No 13 Chapter No 12

Question No 13 Chapter No 12

When the starting point is a favourable balance of passbook

13. The following facts relate to the business of Suresh Kumar who requires you to reconcile his cash book with passbook balance on 31st March 2019

 

  Rs
Balance as per cash book (Cr) 14,000
Unpresented cheque  17,200
Uncredited cheque  11,300

 

You have been given the following figures as additional information

  1. The debit side of the cash book (bank Column) has been undercast by RS 2,500
  2. A cheque for Rs 1,000 paid to a creditor has been wrongly entered in cash column.
  3. Bank commission and other charges for the services Rs 400 have been recorded in the cash book

The solution of Question No 13 Chapter No 12:-

Bank Reconciliation Statement
Particular (Rs)
(Rs)
Overdraft as per Cash Book   14,000
Add: cheques paid into bank but not yet collected 11,300  
Add: cheque paid to creditor wrongly entered in cash column 1,000  
Add: charges debited by the bank not entered in the cash book 400 12,700
    26,700
Less: cheque issued but not yet presented for payment 17,200  
Less: debit side of cash book bank column undercast 2,500 19,700 
Overdraft as per Pass Book   7,000

 

 

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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