Question No 31 Chapter No 11

Question No 31 Chapter No 11

31. On Checking Ram’s Cash Book with the bank statement of his overdraft current account for the month of November 2019, you find the following:
(a) Cash Book showed an overdraft of 16,200.
(b) The payment side of the Cash Book had been undercast by 500.
(c) A cheque for 13,600 drawn on his saving deposit account has been wrongly recorded as drawn on current account in the Cash Book.
(d) Cheques amounting to 18,800 drawn and entered in the Cash Book had not been presented.
(e) Cheques amounting to 7,500 sent to the bank for collection though entered in the Cash Book, had not been credited by the bank.
(f) Bank charge of 150 as per bank statement of account had not been taken in the Cash Book.
(g) Dividend of the amount of 420 had been paid direct to the bank and not entered in the Cash Book.
You are requested to arrive at the balance as it would appear in the bank statement as on 30th November 2019.

The solution of Question No 31 Chapter No 11: –

Bank Reconciliation Statement
ParticularPlus Items (Rs)
Minus Items(Rs)
Credit Balance (Overdraft) as per Cash Book 16,200
Add: (b) Cheque drawn on Saving A/c recorded as drawn on Current A/c13,600 
(c) Cheque issued but not presented18,800 
(f) Dividend collected by Bank420 
Less: (a) Payment side of Cash Book undercast 500
(d) Cheque deposited but not credited 7,500
(e) Bank charges 150
Debit Balance as per Pass Book 8,470

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 all Chapters: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

Check out the Accountancy Class +1 by D.K. Goal (Arya Publication) from their official Site.

ISC Accounts 11 20 Image min 197x300 - Question No 31 Chapter No 11 - D.K Goal 11 Class
D K Goel accountancy +1 – ISC_Accounts_11_20_Image

Leave a Reply

About us

About us, we are here to improve your knowledge in all financial & Business related topics and to get better carrier opportunities. The author has about 10-year Experience in tuition Business. It is very difficult to teach a large number of students with a personal touch or in a classroom. 

Animation's Resource websites

All Icons and images used on my website were downloaded from the following website please go and download free:-