Question No 19 Chapter No 12 - USHA Publication 11 Class

Question No 19 Chapter No 12

Table of Contents

The solution of Question No 19 Chapter No 12:-

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

19. On December 31, 2017 the bank column of the cash book of Mandeep Kaur shows a debit balance of Rs 9,2220. On examination of the cash book and statement, you find that :

A cheque amounting to Rs 12,600 issued before Dec.31st and entered in cash book not presented for payment till after that date
A cheque amounting to Rs 5,000 entered in the cash book as sent to the bank on Dec. 31 were entered in the bank statement after that date
A Cheque from the debtor for Rs 1,460 had been dishonoured prior to Dec. 31 but no record appeared in the cash book
A dividend warrant for Rs 760 was paid direct to the bank and nothing appeared in the cash book
Bank interest and charges amounting to Rs 84 were not entered in the cash book but appeared in the bank statement
There was no entry in cash book for a club membership subscription Rs 20 paid by a banker’s order in Nov.2017
Bank charges(postal) for a cheque book received by Bashir Miza Rs 20 was entered in cash book twice
A cheque for Rs 540 drawn by Bashir Ahmad had been charged to Bashir Miza’s account by the error in 2017

The solution of Question No 19 Chapter No 12:-

Dr.	Amended cash book (bank Column)						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Mar. 31	To Balance b/d		9,220	Mar. 31	By Debtor A/c		1,460
Mar. 31	To Interest A/c		760	Mar. 31	By Interest & Bank Charges A/c		84
Mar. 31	To Bank charges A/c		20	Mar. 31	By Drawing A/c		20
				Mar.31	By Balance c/d		8,436
			10,000				10,000

Bank Reconciliation Statement
Particular	(Rs)	(Rs)
Overdraft as per PassBook		8,436
Add: Cheque issued but not yet presented	12,600
		12,600
		21,036
Less: cheque deposited but not yet collected	5,000
Q’ cheque wrongly debited in p’s A/c	540	5,540
Overdraft as per Pass Book		15,496