Question No 35 Chapter No 12
35. Mohan & Co., have two bank account –Account No.I and Account no.II from the following particular relating to account no.1, find out the balance on that account as on 31st March 2018 according to cash book (Bank Column) of the firm
- Overdraft as per pass book Rs 14,724
- Cheque issued prior to 31st March 2018 but not presented till 31st March Rs 6,429
- Cheque paid into bank prior to 31st March 2018 but not credited till 31st March Rs 9,751
- Interest debited by the bank but not entered in cash book Rs 607
- Bank charges debited by the bank but not entered in the cash book Rs 140
- Transfer of funds from Account No.II to Account No.I recorded by the bank on 1st March 2018 but entered in the cash book on 2nd April 2018. Rs 5,000
The solution of Question No 35 Chapter No 12: –
Bank Reconciliation Statement | ||
Particular | Plus Items (Rs) |
Minus Items (Rs) |
Overdraft as per Pass Book(Cr) | 14,724 | |
Cheque issued but not presented for payment | 6,429 | |
Cheque deposited into the bank but not yet credited by the bank | 9,751 | |
Interest debited in passbook but not entered in the cash book | 607 | |
Bank charges debited in passbook but not entered in the cash book | 140 | |
Transfer to funds from Account no.II to Account no.I | 5,000 | |
Balance as per Cash Book | 15,655 | |
26,153 | 26,153 |
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Also, Check out the solved question of previous Chapters: –
- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
- Chapter No. 10 – Special Purpose Books I – Cash Book
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