Question No 35 Chapter No 12 – T.S. Grewal 11 Class

Question No 35 Chapter No 12

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

  1. Overdraft as per pass book Rs 14,724
  2. Cheque issued prior to 31st March 2018 but not presented till 31st March Rs 6,429
  3. Cheque paid into bank prior to 31st March 2018 but not credited till 31st March Rs 9,751
  4. Interest debited by the bank but not entered in cash book Rs 607
  5. Bank charges debited by the bank but not entered in the cash book Rs 140
  6. 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

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 35 Chapter No 12 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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