Question No 16 Chapter No 12 – USHA Publication 11 Class

Question No 16 Chapter No 12

Question No 16 Chapter No 12

When the starting point is a favourable balance of passbook

16. Rom the following particulars, ascertain the balance that would appear in the cash book of Santosh Kumari as at December 31, 2018.

    Rs
(i) Overdraft as per pass book (31st December 2018) 13,880
(ii) Interest on overdraft for six months ending 31st December 2014(not yet entered in the cash book ) 240
(iii) Bank charges for the above period (not yet entered in the cash book ) 60
(iv) The cheque is drawn but not cashed by the customers prior to 31st December 2018 2,300
(v) Cheque paid into bank but not cashed by the customers prior to 31st December 2018 4,340
(vi) A bill receivable (discounted with the bank in November) dishonoured on 31st December 2018 1,000

 

The solution of Question No 16 Chapter No 12:-

 

Bank Reconciliation Statement
Particular (Rs)
(Rs)
Overdraft as per PassBook   13,880
Add: cheques issued but not yet presented for payment 2,300 2,300
    16,180
Less: Interest on overdraft debited by the bank 240  
Less: bank charges debited by the bank 60  
Less: cheque paid into bank but not yet collected 4,340  
Less: bills received discounted dishonoured by a bank 1,000 5,640 
Overdraft as per Pass Book   10,540

 

 

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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