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Question No 33 Chapter No 11
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33. Prepare bank reconciliation statement of Dinesh on 30th June 2020 with following particulars:
(i) Pass Book showed an overdraft of 15,000 on 30th June 2020.
(ii) A cheque of 200 was deposited in bank but not recorded in Cash Book.
(iii) Cheques of 17,000 were issued but cheques worth only 10,000 were presented for payment up to 30th June 2020.
(iv) Cheques of 2,000 were received and recorded in Cash Book but not sent to bank.
(v) Cheques of 10,000 were sent to bank for collection; out of these cheques of 2,000 and of 1,000 were credited respectively on 8th July and 10th July and the remaining cheques were credited before 30th June 2020.
(vi) Bank paid 300 fee of Chamber of Commerce on behalf of Dinesh, which was not recorded in Cash Book.
(vii) Bank charged interest on overdraft 800 which was not recorded in Cash Book.
(viii) 40 for bank charges were recorded two times in Cash Book and bank expenses of 35 were not at all recorded in Cash Book.
(ix) Total of credit side of bank column of Cash Book was undercast by 1,000 by mistake.
The solution of Question No 33 Chapter No 11: –
| Bank Reconciliation Statement | ||
| Particular | Plus Items (Rs) | Minus Items(Rs) |
| Debit Balance (Overdraft) as per Pass Book | 15,000 | |
| Add: (iv) Cheque received recorded in Cash Book but not sent for collection | 2,000 | |
| (v) Cheque deposited but not collected (2,000 + 1,000) | 3,000 | |
| (vi) Chamber Fees paid by bank | 300 | |
| (vii) Interest on overdraft charged | 800 | |
| (viii) Bank charges not recorded in Cash Book | 35 | |
| (ix) Payment side of Cash Book undercast | 1,000 | |
| Less: (ii) Cheque deposited but not recorded in Cash Book | 200 | |
| (iii) Cheque issued but not presented (17,000 – 10,000) | 7,00 | |
| (viii) Bank charges recorded twice in Cash Book | 40 | |
| Debit Balance as per Pass Book | 15,105 | |
| 22,240 | 22,240 | |
Bank Reconciliation Statement | Process | Illustration |
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Also, Check out the solved question of all Chapters: –
D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution
- Chapter 1 Evolution of Accounting & Basic Accounting Terms
- Chapter 2 Accounting Equations
- Chapter 3 Meaning and Objectives of Accounting
- Chapter 4 Double Entry System
- Chapter 5 Books of Original Entry – Journal
- Chapter 6 Accounting for Goods and Service Tax (GST) (Coming soon)
- Chapter 7 Books of Original Entry – Cash Book (Coming soon)
- Chapter 8 Books of Original Entry – Special Purpose Subsidiary Books (Coming soon)
- Chapter 9 Ledger (Coming soon)
- Chapter 10 Trial Balance and Errors (Coming soon)
- Chapter 11 Bank Reconciliation Statement (Coming soon)
- Chapter 12 Depreciation (Coming soon)
- Chapter 13 Bills of Exchange (Coming soon)
- Chapter 14 Generally Accepted Accounting Principles(GAAP)
- Chapter 15 Bases of Accounting
- Chapter 16 Accounting Standards and International Financial Reporting Standard(IFRS) (Coming soon)
- Chapter 17 Capital and Revenue
- Chapter 18 Provisions and Reserves
- Chapter 19 Final Accounts (Coming soon)
- Chapter 20 Final Accounts – With Adjustments (Coming soon)
- Chapter 21 Errors and their Rectification (Coming soon)
- Chapter 22 Accounts from Incomplete Records – Single Entry System (Coming soon)
- Chapter 23 Accounts of Not-for-Profit Organisations (Coming soon)
- Chapter 24 Computerised Accounting System (Coming soon)
- Chapter 25 Introduction to Accounting Information System (Coming soon)
Check out the Accountancy Class +1 by D.K. Goal (Arya Publication) from their official Site.
