Question No 26 Chapter No 12 – T.S. Grewal 11 Class

Question No 26 Chapter No 12

Question No 26 Chapter No 12

26. On checking the bank passbook it was found that it showed an overdraft of Rs5,220 as on 31st March 2018, while as per ledger it was different. The following differences were noted:

  1. Cheque deposited but not yet credited by the bank Rs 6,000
  2. Cheque dishonoured and debited by the bank but not given effect to it the ledger Rs 800.
  3. Bank charges debited by the bank buy Debit Memo not received from the bank Rs 50
  4. Interest on overdraft excess credited in the Ledger Rs 200
  5. Wrongly credited by the bank to account, deposited of same other party Rs 900
  6. Cheque issued but not presented for payment Rs 400

The solution of Question No 26 Chapter No 12: –  

Bank Reconciliation Statement
Particular Plus Items
(Rs)
Minus Items
(Rs)
Overdraft as per Pass Book(Cr)   5,220
Cheque deposited into the bank but not yet credited by the bank 6,000  
Cheque deposited into the bank but not yet credited by the bank 800  
Bank charges did not appear in the cash book 50  
Interest on overdraft did not enter in the cash book   200
Wrongly credited bank account for some other party   900
Cheque issued but not yet credited by the bank   400
Balance as per Cash Book   130
  6,850 6,850

 

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

Bank Reconciliation Statement | Process | Illustration |

 

Thanks, Please Like and share with your friends  

Comment if you have any question.

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

Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication

T.S. Grewals Double Entry Book Keeping - Question No 26 Chapter No 12 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.