Question No 17 Chapter No 11
17. From the following particulars, prepare a Bank Reconciliation Statement of Sh. Yadav on 31st December 2019:-
Balance as per Pass Book on 31st December, 2014 is 11,000. Cheques for 6,200 were issued during the month of December but of these cheques for 900 were presented in the month of January, 2015 and one cheque for 500 was not presented for payment. Cheque and cash amounting to 5,700 were deposited in bank during December but credit was given for 4,700 only. A customer had deposited 850 into the bank directly. The bank has credited the merchant for 150 as interest and has debited him for 30 as bank charges, for which there are no corresponding entries in Cash Book.
The solution of Question No 17 Chapter No 11: –
| Bank Reconciliation Statement |
||
| Particular | Plus Items (Rs) |
Minus Items (Rs) |
| Credit Balance as per Pass Book | 11,000 | |
| Add: Cheque deposited but not credited (5,700 – 4,700) | 1,000 | |
| Bank charges | 30 | |
| Less: Cheque issued but not presented for payment (900 + 500) | 1,400 | |
| Directly deposited by the customer | 850 | |
| Interest allowed by the bank | 150 | |
| Debit Balance (Overdraft) as per Cash Book | 9,630 | |
| 12,030 | 12,030 | |
https://tutorstips.com/bank-reconciliation-statement/
Thanks, Please Like and share with your friends
Comment if you have any question.
Also, Check out the solved question of all Chapters: –
D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution
- Chapter 1 Evolution of Accounting & Basic Accounting Terms
- Chapter 2 Accounting Equations
- Chapter 3 Meaning and Objectives of Accounting
- Chapter 4 Double Entry System
- Chapter 5 Books of Original Entry – Journal
- Chapter 6 Accounting for Goods and Service Tax (GST) (Coming soon)
- Chapter 7 Books of Original Entry – Cash Book (Coming soon)
- Chapter 8 Books of Original Entry – Special Purpose Subsidiary Books (Coming soon)
- Chapter 9 Ledger (Coming soon)
- Chapter 10 Trial Balance and Errors (Coming soon)
- Chapter 11 Bank Reconciliation Statement (Coming soon)
- Chapter 12 Depreciation (Coming soon)
- Chapter 13 Bills of Exchange (Coming soon)
- Chapter 14 Generally Accepted Accounting Principles(GAAP)
- Chapter 15 Bases of Accounting
- Chapter 16 Accounting Standards and International Financial Reporting Standard(IFRS) (Coming soon)
- Chapter 17 Capital and Revenue
- Chapter 18 Provisions and Reserves
- Chapter 19 Final Accounts (Coming soon)
- Chapter 20 Final Accounts – With Adjustments (Coming soon)
- Chapter 21 Errors and their Rectification (Coming soon)
- Chapter 22 Accounts from Incomplete Records – Single Entry System (Coming soon)
- Chapter 23 Accounts of Not-for-Profit Organisations (Coming soon)
- Chapter 24 Computerised Accounting System (Coming soon)
- Chapter 25 Introduction to Accounting Information System (Coming soon)
Check out the Accountancy Class +1 by D.K. Goal (Arya Publication) from their official Site.
