Page No
13.47:
Question
9:
Draw Bank Reconciliation Statement showing adjustment
between your Cash Book and Pass Book as on 31st March, 2011.
(i) On 31st March, 2011 your pass book showed a
balance of `6,000 to your credit.
(ii) Before that date, you had issued cheques
amounting to `1,500 of which cheques of `900 have
been presented for payment.
(iii) A cheque of `800 paid by you
into the bank on 29th March, 2011 is not yet credited in pass book.
(iv) There was a credit of `85 for interest on
Current Account in the pass book.
(v) On 31st March, 2011 a cheque for `510
received by you and was paid into bank but the same was omitted to be entered
in cash book.
Answer:
|
Bank Reconciliation Statement as on March 31,2011 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
(i) |
Balance as per
the Pass Book |
6,000 |
|
|
(ii) |
Cheque Issued but not presented for
payment (1,500 – 900) |
|
600 |
|
(iii) |
Cheque deposited but not entered in
the Pass Book |
800 |
|
|
(iv) |
Bank allowed
Interest |
|
85 |
|
(v) |
Cheque deposited but not entered in
the Cash Book |
|
510 |
|
|
Balance as per
the Cash Book |
|
5,605 |
|
|
|
6,800 |
6,800 |
|
|
|
|
|
Page No
13.47:
Question
10:
Bank Statement of a customer shows bank balance of `62,000
on 31st March, 2021. On comparing it with the Cash Book the following
discrepancies were noted:
(i) Cheques were paid into
the bank in March but were credited in April:
P − `3,500; Q − `2,500; R − `2,000.
(ii) Cheques issued in March were presented in April:
X − `4,000; Q − `4,500.
(iii) Cheque for `1,000 received from
a customer entered in the Cash Book but was not banked.
(iv) Pass Book shows a debit of `1,000
for bank charges and credit of `2,000 as interest.
(v) Interest on investment `2,500 collected by the bank appeared in the Pass Book.
Prepare Bank Reconciliation Statement showing the balance as per Cash Book on
31st March, 2021.
Answer:
|
Bank Reconciliation Statement as on March 31, 2021 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
|
Balance as per
the Pass Book |
62,000 |
|
|
(i) |
Cheque deposited but not credited
not credited in the Pass book during March 2017
(3,500 + 2,500 + 2,000) |
8,000 |
|
|
(ii) |
Cheques Issued but not presented in
March 2017 (4,000 + 4,500) |
|
8,500 |
|
(iii) |
Cheque received from Customer was
recorded in Cash Book but not sent to Bank |
1,000 |
|
|
(iv) |
Bank Charges |
1,000 |
|
|
|
Bank allowed
interest |
|
2,000 |
|
(v) |
Interest on
Investment Collected by bank but not entered in the Cash Book |
|
2,500 |
|
|
Balance as per
the Cash Book |
|
59,000 |
|
|
|
72,000 |
72,000 |
|
|
|
|
|
Page No
13.48:
Question
11:
Prepare Bank Reconciliation Statement as on 30th September,
2020 from the following particulars:
|
|
` |
|
(i) Bank Balance as per Pass Book. |
10,000 |
|
(ii)
Cheque deposited into bank but no entry was passed
in Cash Book. |
500 |
|
(iii)
Cheque received and entered in Cash Book but not
sent to bank. |
1,200 |
|
(iv)
Insurance premium paid directly by the bank. |
800 |
|
(v)
Bank charges entered twice in the Cash Book. |
20 |
|
(vi)
Cheque received entered twice in Cash Book. |
1,000 |
|
(vii)
Bill discounted dishonoured not recorded in the
cash book. |
5,000 |
Answer:
|
Bank Reconciliation Statement as on September 30, 2020 |
|||
|
S. No. |
Particulars |
Plus Items ( `) |
Minus Items ( `) |
|
(i) |
Balance as per
the Pass Book |
10,000 |
|
|
(ii) |
Cheque deposited but not entered in
the Cash Book |
|
500 |
|
(iii) |
Cheque entered in the Cash Book but
not sent to bank |
1,200 |
|
|
(iv) |
Insurance
premium paid directly by bank |
800 |
|
|
(v) |
Bank Charges
entered twice in the Cash Book |
|
20 |
|
(vi) |
Cheque received entered twice in
the Cash Book |
1,000 |
|
|
(vii) |
Bill discounted dishonoured not entered in the Cash Book |
5,000 |
|
|
|
Balance as per
the Cash Book |
|
17,480 |
|
|
|
18,000 |
18,000 |
|
|
|
|
|
Page No
13.48:
Question
12:
Prepare Bank Reconciliation Statement as on 31st March, 2021
from the following particulars:
|
|
|
` |
|
(i) |
Bank
balance as per Pass Book. |
10,000 |
|
(ii) |
Cheque deposited into the Bank, but no entry was passed in the
Cash Book. |
500 |
|
(iii) |
Cheque received and entered in the Cash Book but not sent to
bank. |
1,200 |
|
(iv) |
Credit
side of the Cash Book bank column cast short. |
200 |
|
(v) |
Insurance
premium paid directly by the bank under the standing advice. |
600 |
|
(vi) |
Bank
charges entered twice in the Cash Book. |
20 |
|
(vii) |
Cheque issued but not presented to the bank for payment. |
500 |
|
(viii) |
Cheque received entered twice in the Cash Book. |
1,000 |
|
(ix) |
Bill
discounted dishonoured not recorded in the Cash
Book. |
5,000 |
|
(x) |
Bank
had wrongly allowed interest of `5,000, which was
reversed by it on 5th April, 2021. |
|
Answer:
|
Bank Reconciliation Statement as on March 31, 2021 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
(i) |
Balance as per
the Pass Book |
10,000 |
|
|
(ii) |
Cheque deposited but not entered in
the Cash book |
|
500 |
|
(iii) |
Cheque entered in the Cash Book but
not deposited in the bank |
1,200 |
|
|
(iv) |
Credit side of
the Cash Book undercast |
200 |
|
|
(v) |
Insurance
premium paid directly by the bank but not entered in the Cash Book |
600 |
|
|
(vi) |
Bank charges
entered twice in the Cash book |
|
20 |
|
(vii) |
Cheque issued but not presented for
payment |
|
500 |
|
(viii) |
Cheque received entered twice in
the Cash Book |
1,000 |
|
|
(ix) |
Bill discounted
and dishonoured but not entered in the Cash Book |
5,000 |
|
|
(x) |
Interest
allowed by the bank to be reversed |
|
5,000 |
|
|
Balance as per
the Cash Book |
|
11,980 |
|
|
|
18,000 |
18,000 |
|
|
|
|
|