Question No 24 Chapter No 12 – USHA Publication 11 Class

Question No 24 Chapter No 12

Question No 24 Chapter No 12

When cash book and Passbook of Same period is given

24. From the following entries in the bank column of the cash book of M/s Tall and Short and the corresponding bank book, you passbook you are required to prepare a bank reconciliation statement as on 31st January 2018

Pass Book
Date Particular Withdrawals Deposits Dr/Cr Balance
2018   Rs Rs   Rs
Jan.2 By cash  4,000 Cr. 4,000
Jan.4 To Furniture dealers Ltd 600 Cr 3,400
Jan.4 To Das and Co. 1,250 Cr 2,150
Jan.10 By J.Johan & Co’s Cheque  350 Cr 2,500
Jan.12 To Ray and James 1,000 Cr 1,500
Jan.15 By B.Bhu & Co.’s Cheque 760 Cr 2,260
Jan.16 By cash  300 Cr 2,560
Jan.20 To cash  500 Cr 2,060
Jan.26 By J Rai & cros cheque  430 Cr 2,490
Jan.31 To Premium paid as per standing instructions 250 Cr 2,240
Jan.31 To bank charges  10 Cr 2,230
Jan.31 By interest collected on Government Securities 200 Cr 2,430

 

Cash Book(Bank Column only)
Date Particular Amount Date Particular Amount
2018   Rs 2018   Rs
Jan.2 To cash  4,000 Jan.2 By Furniture dealers Ltd 600
Jan.8 To Johnson & Co. 350 Jan.2 By Ray & James 1,000
Jan.10 To B.Babu & Co. 760 Jan.4  By das & Co. 1,250
Jan.16 To cash  300 Jan.17 By K. Nagpal & Co. 730
Jan.20 To J. Rai & Bros 430 Jan.20 Bu cash  500
Jan.22 To M. Mohan & Co. 1,050 Jan.25 Bu B Babu & Co. 780
Jan.31 To N.Namdy & Sons 340 Jan.31 By balance c/d 2,370
    7,320     7,320

The solution of Question No 24 Chapter No 12:-  

Bank Reconciliation Statement
Particular (Rs)
(Rs)
Balance as per Cash Book   2,370
Add: cheque issued but not presented for payment    
K. Nagpal and Co. 730  
B. Babu and Co. 780  
Add: interest on Government securities collected by the bank not entered in the cash book 200  
    1,710
    4,080
Less: cheque paid into bank but not collected    
M. Mohan and Co. 1,050  
N. Nandy and Sons 340  
Less: premium paid by the bank as per standing instruction not entered in the cash book 250  
Less: Bank charges 10  
    1,650
Balance as per Pass Book   2,430

 

Bank Reconciliation Statement | Process | Illustration |

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Also, Check out the solved question of all Chapters: –

  • Chapter No. 1 – Introduction
  • Chapter No. 2 – Theory Base of Accounting 
  • Chapter No. 3 – Vouchers and transactions
  • Chapter No. 4 – Journal
  • Chapter No. 5 – Ledger
  • Chapter No. 6 – Cash Book
  • Chapter No. 7 – Other Subsidiary Books
  • Chapter No. 8 – Journal Proper
  • Chapter No. 9 – Trial Balance 
  • Chapter No. 10 – Bank Reconciliation Statement
  • Chapter No. 11 – Depreciation
  • Chapter No. 12 – Provisions and Reserves 
  • Chapter No. 13 – Bills of Exchange
  • Chapter No. 14 – Rectification of Errors 
  • Chapter No. 15 – Financial Statements – (Without Adjustments)
  • Chapter No. 16 – Financial Statements – (With Adjustments)

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