Question No 36 Chapter No 12
Preparation of Bank Reconciliation statement corrected or Adjusted cash book balance
36. From the following particular, ascertain the bank balance as per pass book as on 31st March 2018(a) without correcting the cash book balance and (b) after correcting the cash book balance:
- The bank balance as per cash book on 31st march,2018 Rs 40,000
- Cheque issued but not encased up 31st Match,2018 amounting to Rs 10,000
- Cheque paid into a bank , but not cleared up to 31st March 2018 amounting to Rs 15,000
- Interest on investment collected by the bank but not entered in the cash book Rs 500
- Cheque deposited in the bank but not entered in cash book Rs 12,500
- Bank charges debited in the passbook but not entered in cash book Rs 100
The solution of Question No 36 Chapter No 12: –
| Bank Reconciliation Statement | ||
| Particular | Plus Items (Rs) |
Minus Items (Rs) |
| Balance as per Cash Book(Dr) | 40,000 | |
| Cheque issued but not presented for payment | 10,000 | |
| Cheque deposited into the bank but not yet credited by the bank | 15,000 | |
| Interest on investment collected by a bank but not entered in the cash book | 500 | |
| Cheque deposited in the bank but not entered in the cash book | 12,500 | |
| Bank charges debited in passbook not entered in the cash book | 100 | |
| Balance as per pass Book | 47,900 | |
| 63,000 | 63,000 | |
| Dr. | Cashbook adjustment | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| To balance b/f | 40,000 | By bank charges | 100 | ||||
| To interest on investment | 500 | ||||||
| To cheque omitted enter | 12,500 | ||||||
| To Balance C/d | 52,900 | ||||||
| 53,000 | 53,000 | ||||||
| Bank Reconciliation Statement | ||
| Particular | Plus Items (Rs) |
Minus Items (Rs) |
| Adjusted Balance of Cash Book(Dr) | 52,900 | |
| Cheque issued but not presented for payment | 10,000 | |
| Cheque deposited into the bank but not yet credited by the bank | 15,000 | |
| Balance as per pass Book | 47,900 | |
| 62,900 | 62,900 | |
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: –
- 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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T.S. Grewal’s Double Entry Book Keeping