Question No 36 Chapter No 12 – T.S. Grewal 11 Class

Question No 36 Chapter No 12

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:

  1. The bank balance as per cash book on 31st march,2018 Rs 40,000
  2. Cheque issued but not encased up 31st Match,2018 amounting to Rs 10,000
  3. Cheque paid into a bank , but not cleared up to 31st March 2018 amounting to Rs 15,000
  4. Interest on investment collected by the bank but not entered in the cash book Rs 500
  5. Cheque deposited in the bank but not entered in cash book Rs 12,500
  6. 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: –

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T.S. Grewals Double Entry Book Keeping - Question No 36 Chapter No 12 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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