Question No 40 Chapter No 11 – D.K Goal 11 Class

Question No 40 Chapter No 11

40.The following information relate to the business of Mohit Raina, who requests you to prepare his amended Cash Book and reconcile his Cash Book balance with his Pass Book balance:

Balance as per Cash Book (Cr.)	40,000
Unpresented cheques	72,000
Uncredited cheques	13,000

You have been given the following additional information: (a) The debit side of the Cash Book (Bank Column) has been undercast by 25,000. (b) A cheque for 10,000 paid to a creditor has been wrongly entered in the Cash Column.
(c) Bank commission and other charges 4,000 have not been recorded in the Cash Book.

The solution of Question No 40 Chapter No 11: –

Dr.	Adjusted Cash Book (Bank Column only) as on March 31, 2019						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
	Debit side undercasted		25,000		Balance b/d		40,000
				(b)	Supplier A/c (Cheque issued not recorded)		10,000
				(c)	Commission		40,000
	To Balance c/d		29,000
			54,000				54,000

Bank Reconciliation Statement
Particular	Plus Items (Rs)	Minus Items(Rs)
Credit Balance (Overdraft) as per Amended Cash Book		29,000
Add: Unpresented Cheques	72,000
Less: Uncredited Cheques		13,000
Credit Balance as per Pass Book		30,000
	72,000	72,000

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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.