Question No 35 Chapter No 11 – D.K Goal 11 Class

Question No 35 Chapter No 11

35. On 31st March, 2020 the Pass Book of Mr. Janaki Dass showed a credit balance of 20,600. Prepare a Bank Reconciliation Statement from the following information:
(i) Cheques amounting to 15,000 were drawn in March 2015, out of which cheques for 5,500 were presented for payment on 3rd April.
(ii) A cheque for 5,475 was deposited into the bank, but wrongly entered in the Cash Book as 5,745.
(iii) A cheque of 5,000 which was received from a customer was entered in the cash column of the Cash Book in March 2020 but was omitted to be banked in the month of March.
(iv) A B/P of 10,000 was retired by the bank under a rebate of 100 but the full amount of the bill was credited in the Cash Book.
(v) Bank charges entered in the Cash Book twice 200.

The solution of Question No 35 Chapter No 11: –

Bank Reconciliation Statement
Particular	Plus Items (Rs)	Minus Items(Rs)
Credit Balance as per Pass Book	20,600
Add: (b) Amount of Cheque wrongly entered in Cash Book (5,745 – 5,475)	270
Less: (a) Cheque issued but not presented for payment		5,500
(c) Rebate on Bills Payable not recorded in Cash Book		100
(d) Bank charges entered twice in Cash Book		200
Debit Balance as per Pass Book		15,070
	20,870	20,870

Note: Transaction no. (iii) will have no effect on the bank balance as the cheque was recorded in the cash column and was not banked till the date of preparation of the Bank Reconciliation Statement.

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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.