Question No 38 Chapter No 12 – T.S. Grewal 11 Class

Question No 38 Chapter No 12

Question No 38 Chapter No 12

38. From the following extracts from the cash book and passbook for the month of January 2018, prepare Bank Reconciliation Statement:

Dr. Cashbook adjustment Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2018       2018      
Jan. 2 To balance b/d   4,510 Jan. 2 By S. Gidwani & Co A/c   1,230
Jan. 3 To cash A/c   300 Jan. 6 By wages A/c   3,000
Jan. 10 To G. Basu & co., A/c   1,000 Jan. 14 By Bsau & Co., A/c
(Cheque dishonoured)
  1,000
Jan. 15 To Mohan & Co., A/c   2,300 Jan. 15 By V. Kumar & Sons A/c   300
Jan. 17 To Cash A/c   600 Jan. 18 By S. Sharda & Sons A/c   470
Jan. 20 To M. Mohan & Bros. A/c   1,550 Jan. 24 By Cash A/c   400
Jan. 24 To T.P. Bhalla & Co., A/c   740 Jan. 28
By R. Ramadas & Co., A/c   780
Jan. 31 To S. Leader & sons A/c   2,310 Jan. 28
By B. Bansal & bros. A/c   340
        Jan. 31 By Balance C/d   5,610
      19040       19040

 

Dr. PASSBOOK Cr.
Date Particulars
Withdrawals Rs Deposits Rs
Dr. Or Cr. Balance
Jan. 1 By Balance     Cr. 4,510
Jan. 3 By cash   300 Cr. 4,810
Jan. 6 To Selves- cash 3,000   Cr. 1,810
Jan. 10 To S. Gidwani & co 1,230   Cr. 580
Jan. 16 To Mohan & Co.,   2,300 Cr. 2,880
Jan. 17 To Cash   600 Cr. 3,480
Jan. 20 To S. Sharda & Sons 470   Cr 3,010
Jan. 24 To Cash 400   Cr 2,610
Jan. 31 To Bank Charges 10   Cr 2,600
Jan. 31 To Life insurance premium as per instruction s 250   Cr 2,350
           
Jan. 31 By interest on Government securities   300 Cr 2,650

 

The solution of Question No 38 Chapter No 12: –  

Bank Reconciliation Statement
Particular Plus Items
(Rs)
Minus Items
(Rs)
Balance as per Cash Book(Dr) 5,610  
Cheque of T.P Bhalla & C., and S leader & sons of Rs 1,550, Rs 740 and Rs 2,130 dis not Benn cleared   4,420
Cheque issued to V. Kumar, R. Ramdas Co., and B. Bansal did receive for payment of Rs 300, Rs 780 and Rs 340 1,420  
Bank charges did not enter in the cash book   10
A life insurance premium paid by bank did not enter in the cash book   250
Interest on government securities did not enter in the cash book 300  
Balance as per pass Book   2,650
  7,330 7,330

 

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

T.S. Grewal’s Double Entry Book Keeping

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