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

Question No.33 Chapter No.12 T.S. Grewal 1 Book 2019 Solution min min 1024x576 - 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.

  1. Bank overdraft as per pass book Rs 16,500
  2. Cheque issued but not presented for payment Rs 8,750
  3. Cheque deposited with the bank but collected Rs 10,500
  4. Cheque recorded in the cash book but sent to the bank for collected Rs 2,000
  5. Payment received from the customer directly by the bank Rs 3,500
  6. Bank charges debited in the passbook Rs 200
  7. The premium on life policy of Sanjay paid by the bank on standing advice Rs 1,980
  8. 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

The solution of Question No 33 Chapter No 12: –  

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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T.S. Grewals Double Entry Book Keeping - Question No 33 Chapter No 12 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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