Question No 16 Chapter No 11 – D.K Goal 11 Class

Question No 16 Chapter No 11

Question No 16 Chapter No 11

When credit Balance(Favorable Balance ) as per Pass Book is given
16. On 31st March 2015 the Pass Book shows a credit balance of 9,000. Prepare a Bank Reconciliation Statement from the following particulars:-

1. Cheques issued but not yet presented for payment 7,000
2. Cheques issued but omitted to be recorded in the Cash Book 3,800
3. Cheques paid into bank but not yet collected by the bank 2,600
4. Premium on Life Policy paid by the bank on standing advice 360
5. Payments received from customers directly by the bank 2,000

The solution of Question No 16 Chapter No 11: –

Bank Reconciliation Statement
Particular Plus Items
(Rs)
Minus Items
(Rs)
Credit Balance as per Pass Book 9,000  
Add 2. Cheque issued but omitted to be recorded in Cash Book 3,800  
3. Cheque deposited but not credited 2,600  
4. Life insurance premium paid as per standing instructions 360  
Less: 1. Cheque issued but not presented for payment   7,000
5. Direct deposit by Customer   2,000
Debit Balance (Overdraft) as per Cash Book   6,760
  15,760 15,760

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 16 Chapter No 11 - D.K Goal 11 Class
D K Goel accountancy +1 – ISC_Accounts_11_20_Image

Leave a Reply

Your email address will not be published. Required fields are marked *