Question No 33 Chapter No 12 - T.S. Grewal 11 Class

Question No 33 Chapter No 12

33. From the following information supplied by Sanjay, prepare his bank Reconciliation Statement as on 31St March 2018.

Bank overdraft as per pass book Rs 16,500
Cheque issued but not presented for payment Rs 8,750
Cheque deposited with the bank but collected Rs 10,500
Cheque recorded in the cash book but sent to the bank for collected Rs 2,000
Payment received from the customer directly by the bank Rs 3,500
Bank charges debited in the passbook Rs 200
The premium on life policy of Sanjay paid by the bank on standing advice Rs 1,980
A bill for Rs 3,000(discounted with the bank in February) dishonoured on 31st March 2018 and nothing charges paid by the bank. Rs 100

Bank Reconciliation Statement
Particular	Plus Items (Rs)	Minus Items (Rs)
Overdraft as per Pass Book(Cr)		16,500
Cheque issued but not presented for payment		8,750
Cheque deposited into the bank but not yet credited by the bank	10,500
Cheque recorded in the cash book but not sent for collection	2,000
The customer paid directly into bank account did not enter in the cash book		3,500
Bank charges debited in passbook did not enter cash book	200
The insurance premium paid by bank	1,980
Dishonoured of the bill and noting charges paid by the bank	3,100
Balance as per Cash Book	10,970
	28,750	28,750

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 33 Chapter No 12 – T.S. Grewal 11 Class