Question No 22 Chapter No 12 – T.S. Grewal 11 Class

Question No 22 Chapter No 12

Question No 22 Chapter No 12

Debit, i.e., overdraft (unfavourable) Balance as per the passbook

22. Prepare Bank Reconciliation Statement from the following particular as on 31st March 2018, when passbook shows a debit balance of Rs 2,500

  1. Cheque issued for Rs 5,000 but up to 31st March 2018 only Rs 3,000 could be cleared.
  2. Cheque issued for Rs 1,000 but omitted to be recorded in the cash book.
  3. Cheque deposited for Rs 5,500 but cheque for Rs 500 were collected on 4th April 2018.
  4. A discount bill of exchange dishonoured Rs 1,000.
  5. A cheque of Rs 500 debited in the cash book but omitted to be banked.
    Interest allowed by bank Rs 200 but no entry was passed in the cash book.

The solution of Question No 22 Chapter No 12: –  

Bank Reconciliation Statement
Particular Plus Items
(Rs)
Minus Items
(Rs)
Overdraft as per Pass Book(Cr)   2,500
Cheque issued but not yet presented for payment   2,000
Cheque issued fail to enter in the cash book 1,000  
Cheque deposited into the bank but not yet credited by the bank 500  
Bill of exchange was dishonoured 1,000  
Cheque fail to enter in the cash book 500  
Interest allowed by the bank not entered in the cash book   200
Balance as per Cash Book 1,700  
  4,700 4,700

 

To understand more about cash book please check out following links: –

Bank Reconciliation Statement | Process | Illustration |

 

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T.S. Grewals Double Entry Book Keeping - Question No 22 Chapter No 12 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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