Question No 23 Chapter No 11
23. From the following extracts from the cash book and the pass Book of Akash Ltd. For month of January 2015, prepare a bank Reconciliation Statement:
| Cash Book(Bank Columns Only) | ||||||||
| Date | Receipt | L.F | Amount | Date | Payment | L.F | Amount | |
| 2015 | Rs | 2015 | Rs | |||||
| Jan.1 | Balance b/d | 4,510 | Jan.2 | S. Gidwani & Co. | 310410 | 1,230 | ||
| Jan.3 | Cash | 300 | Jan.6 | Wages | 310411 | 3,000 | ||
| Jan.15 | T. Mohan & Co. | 2,300 | Jan.15 | V. Kumar & Co. | 310412 | 300 | ||
| Jan.17 | Cash | 600 | Jan.18 | Sharda & Sons | 310413 | 5,470 | ||
| Jan.20 | M. Mohan & Bros | 1,550 | Jan.24 | Cash | 310414 | 2,400 | ||
| Jan.24 | T.P. Bhalla & Co. | 740 | Jan.28 | R. Ramdas & Co. | 310415 | 780 | ||
| Jan.31 | S. Leader & Sons | 2,130 | Jan.31 | B. Bansal & Bros | 310416 | 340 | ||
| Jan.31 | Balance c/d | 1,390 | ||||||
| 13,520 | 13,520 | |||||||
| Passbook | |||||
| Date | Particulars | Dr. | Cr. | Dr. Or Cr. | Balance |
| 2015 | Rs | Rs | Rs | ||
| Jan.1 | Balance | Cr. | 4,510 | ||
| Jan.3 | Cash | 300 | Cr. | 4,810 | |
| Jan.6 | 310411 | 3,000 | Cr. | 1,810 | |
| Jan.10 | 310410 | 1,230 | Cr. | 580 | |
| Jan.16 | T. Mohan & Co. | 2,300 | Cr. | 2,880 | |
| Jan.17 | Cash | 600 | Cr. | 3,480 | |
| Jan.20 | Sharda & Sons | 5,470 | Dr. | 1,990 | |
| Jan.24 | 3104414 | 2,400 | Dr. | 4,370 | |
| Jan.31 | Bank charges | 10 | Dr. | 4,400 | |
| Jan.31 | Life Ins. Premium | 250 | Dr. | 4,650 | |
| Jan.31 | Interest on Government Securities | 300 | Dr. | 4,350 | |
The solution of Question No 23 Chapter No 11: –
| Bank Reconciliation Statement |
||
| Particular | Plus Items (Rs) |
Minus Items (Rs) |
| Credit Balance as per Pass Book | 1,390 | |
| Add: Cash | 600 | |
| M. Mohan & Bros | 1,550 | |
| T.P Bhalla & Co. | 740 | |
| S. Leader & Sons | 2,130 | |
| Interest on Government Securities | 300 | |
| Less: V. Kumar | 300 | |
| R.Ramdas & Co. | 780 | |
| B. Bansal & Bros | 340 | |
| Bank Charges | 10 | |
| Life Ins. Premium | 250 | |
| Debit Balance (Overdraft) as per Cash Book | 2,250 | |
| 5,320 | 5,320 | |
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.
