Double
Entry Book Keeping
Ts Grewal 2021 for
Class 11 Commerce Accountancy
Chapter
13 - Bank Reconciliation Statement
Page No
13.45:
Question
1:
Prepare
Bank Reconciliation Statement from the following:
|
|
` |
|
(i) Debit balance as per the Cash Book. |
15,000 |
|
(ii)
Cheques deposited but not cleared. |
1,000 |
|
(iii)
Cheques issued but not presented. |
1,500 |
|
(iv)
Bank interest. |
200 |
Answer:
|
Bank Reconciliation Statement |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
(i) |
Debit balance as
per the Cash Book |
15,000 |
|
|
(ii) |
Cheques deposited but not cleared |
|
1,000 |
|
(iii) |
Cheques issued but not presented |
1,500 |
|
|
(iv) |
Bank Interest |
200 |
|
|
|
Credit Balance
as per the Pass Book |
|
15,700 |
|
|
|
16,700 |
16,700 |
|
|
|
|
|
Page No
13.45:
Question
2:
Ramesh has his account at Punjab National Bank, Delhi.
According to his Cash Book, his bank balance on 31st March, 2021 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.
Answer:
|
Bank Reconciliation Statement as on March 31,2021 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
|
Balance as per
the Cash Book |
72,950 |
|
|
(i) |
Cheques sent to bank but not yet
cleared |
|
43,769 |
|
(ii) |
Cheques issued but not yet
presented for payment |
29,344 |
|
|
|
Balance as per
the Pass Book |
|
58,525 |
|
|
|
1,02,294 |
1,02,294 |
|
|
|
|
|
Page No
13.45:
Question
3:
On 30th June, 2021, bank column of the Cash Book showed
balance of `12,000 but the Pass Book showed a different balance due to the
following reasons:
(i) Cheques paid into the
bank `8,000 but out of these only cheques of `6,500
credited by bankers.
(ii) The receipts column of the Cash Book undercast
by `200.
(iii) On 29th June, a customer deposited `3,000 directly in
the Bank Account but it was entered in the Pass Book only.
(iv) Cheques of `9,200
were issued of which `2,200 were presented for payment on 15th July.
(v) Pass Book shows a credit of `330 as interest and a debit of `60 as
bank charges.
Prepare Bank Reconciliation Statement as on 30th June, 2021.
Answer:
|
Bank Reconciliation Statement as on June 30, 2021 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
|
Balance as per
the Cash Book |
12,000 |
|
|
(i) |
Cheques paid in to bank but not
cleared |
|
1,500 |
|
(ii) |
Receipt side of
Cash Book undercast |
200 |
|
|
(iii) |
Amount directly
deposited by customer |
3,000 |
|
|
(iv) |
Cheque issued in June but presented
in July |
2,200 |
|
|
(v) |
Bank allowed
Interest |
330 |
|
|
|
Bank Charges |
|
60 |
|
|
Balance as per
the Pass Book |
|
16,170 |
|
|
|
17,730 |
17,730 |
|
|
|
||
Page No
13.46:
Question
4:
Cash Book shows a
balance of `12,500. On comparing the Cash Book with the Pass Book, following
discrepancies were noted:
|
|
|
` |
|
(i) |
Cheques issued but not yet presented for payment. |
6,000 |
|
(ii) |
Cheques deposited in the bank but not collected. |
9,000 |
|
(iii) |
Bank
paid insurance premium. |
5,000 |
|
(iv) |
Bank
charges. |
300 |
|
(v) |
Directly
deposited by a customer. |
8,000 |
|
(vi) |
Interest
on investment collected by bank. |
2,000 |
|
(vii) |
Cash
discount allowed of `200 was recorded on the
debit side of the Bank column. |
|
Prepare Bank Reconciliation Statement.
Answer:
|
Bank Reconciliation Statement |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
|
Balance as per
the Cash Book |
12,500 |
|
|
(i) |
Cheques Issued but not yet
presented for payment |
6,000 |
|
|
(ii) |
Cheques deposited into bank but not
collected |
|
9,000 |
|
(iii) |
Bank paid
Insurance Premium |
|
5,000 |
|
(iv) |
Bank Charges |
|
300 |
|
(v) |
Amount directly
deposited by a customer |
8,000 |
|
|
(vi) |
Interest on
Investment Collected by bank |
2,000 |
|
|
(vii) |
Cash
discount debited to bank column |
|
200 |
|
|
Balance as per
the Pass Book |
|
14,000 |
|
|
|
28,500 |
28,500 |
|
|
|
|
|