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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Get complete step-by-step solutions for T.S. Grewal Double Entry Book Keeping Class 11 - 2025-2026 - Chapter 13 - Bank Reconciliation Statement. Study double-entry system details, practice timed problems, and verify answers directly.
Ramesh has his account at Punjab National Bank, Delhi. According to his Cash Book, his bank balance on 31st March, 2025 was ₹72,950. He sent cheques for ₹90,075 to his bank for collection but cheques amounted to ₹43,769 were not collected by that date. Out of the cheques issued by him in payment of his debts, cheques for ₹29,344 were not presented for payment. Prepare Bank Reconciliation Statement.
Starting from the Cash Book balance, items that make the Pass Book balance higher are entered in the Plus column and items that make it lower in the Minus column.
| Particulars | Plus items (₹) | Minus items (₹) |
|---|---|---|
| Balance as per Cash Book (Dr.) | 72,950 | |
| Cheques sent to the bank for collection but not yet cleared | 43,769 | |
| Cheques issued but not yet presented for payment | 29,344 | |
| Balance as per Pass Book (Cr.) | 58,525 | |
| Total | 1,02,294 | 1,02,294 |
Balance as per Pass Book (Cr.) = ₹58,525
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.