Question No 29 Chapter No 12 – T.S. Grewal 11 Class

Question No 29 Chapter No 12

Question No 29 Chapter No 12

29. From the following information supplied by Mr D.H., prepare his bank Reconciliation statement as on 31st March 2018

  1. Bank overdraft as per passbook. Rs 33,000
  2. Cheque issued but not yet presented for payment. Rs 17,500
  3. Cheque deposited but not presented for payment. Rs 21,000
  4. Cheque recorded in the cash book but not sent to the bank for collection Rs 4,000
  5. Payment received from customers directly by the bank Rs 7,000
  6. Bank charges debited in passbook Rs 40
  7. Premium o life insurance policy of Mr D.H paid by the bank on standing instruction Rs 360
  8. A bill for Rs 6,000 dishonoured on 30th March 2018 and bank paid Noting charges Rs 20. This bill was discounted on 30th January 2018

The solution of Question No 29 Chapter No 12: –  

Bank Reconciliation Statement
Particular Plus Items
(Rs)
Minus Items
(Rs)
Overdraft as per Pass Book(Cr)   33,000
Cheque issued but not yet presented for payment   17,500
Cheque deposited into the bank but not yet credited by the bank 21,000  
Cheque received but did not been banked 4,000  
The customer paid directly into a bank   7,000
Bank charges did not enter in the cash book 40  
The premium of life insurance paid by the bank 360  
Bill dishonoured and noting charges paid on it 6,020  
Balance as per Cash Book 26,080  
  57,500 57,500


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 29 Chapter No 12 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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