Question No 28 Chapter No 12 - T.S. Grewal 11 Class

Question No 28 Chapter No 12

28. From the following particular, you are required to ascertain the bank balance as would appear in the cash book of Ramesh as on31st October 2017

Bank passbook showed an overdraft of Rs 16,500 on 31st October.
Interest of Rs 1,250 on overdraft up t 31st October 2017 has been debited in the bank passbook but it has been entered in the cash book
Bank charges debited in the bank passbook amounting to Rs 35
Cheque issued prior to 31 October 2017 but not presented till that date, amounting to Rs 11,500
Cheque paid into the bank before 31 October, but not collected and credited up to that date were for Rs 2,500
Interest on investment collected by the bankers and collected in the bank passbook amounting to Rs 1,800

Bank Reconciliation Statement
Particular	Plus Items (Rs)	Minus Items (Rs)
Overdraft as per Pass Book(Cr)		16,500
Interest on overdraft did not enter in the cash book	1,250
Bank charges did not enter in cash book	35
Cheque issued but not yet presented for payment		11,500
Cheque deposited into a bank but not yet credited by the bank	2,500
Interest on investment did not enter in the cash book		1,800
Balance as per Cash Book	26,015
	29,800	29,800

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

Bank Reconciliation Statement | Process | Illustration |

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

T.S. Grewal’s Double Entry Book Keeping

Question No 28 Chapter No 12 – T.S. Grewal 11 Class