Question No 22 Chapter No 12 - USHA Publication 11 Class

Question No 22 Chapter No 12

Table of Contents

The solution of Question No 22 Chapter No 12:-

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

22. The Passbook No.1 of Harish Chander show an overdraft of Rs 10,600 on 30th June 2017. when the bank statement was received. Harish Chander found the following mistakes in it. You are required to find out the balance as per cash book as on 30th June 2017

Cheque drawn by Harish Chander for Rs 3,500 in Account No.1 was debited by bank in Account No.2
Cheque of Rs 3,700 paid into bank but credited it with 730
Dividend on shares collected by bank Rs 2,400 but credited in passbook with Rs 1,400
Interest credited by bank Rs 700 while the advice was sent for Rs 70
Passbook balance of Rs 6,800 was written as Rs 8,600
Cheque of Rs 1,100 deposited in account No.2 was credited by bank account no.
Rent paid to the landlord by cheque Rs 4,000 was debited by a bank with bank Rs 400

The solution of Question No 22 Chapter No 12:-

Bank Reconciliation Statement
Particular	(Rs)	(Rs)
Balance as per Pass Book (Overdraft)		10,600
Add: cheque issued wrongly debited to account No.2	3,500
Add: dividend collected by the bank but not entered in the cash book	1,400
Add: interest credited by the bank but not entered in the cash book	630
Add: cheque deposited in no.2 account credited in no.1 account	1,100
Add: rent paid Rs 4,000 debited in passbook Rs 400	3,600
Add: pass book balance of Rs 6,800 recorded as Rs 8,600	1,800
		12,030
		22,630
Less: cheque deposited Rs 7,300 but credited in passbook as Rs 730	6,570
		6,570
Balance as per Cash Book (overdraft)		16,060