10. Draw Bank Reconciliation Statement showing adjustment between your Cash Book and Pass Book as on 31st March, 2024: On 31st March, 2024 your pass book showed a balance of ₹ 6,000 to your credit. Before that date, you had issued cheques amounting to ₹ 1,500 of which cheques of ₹ 900 have been presented … Read more
10. Draw Bank Reconciliation Statement showing adjustment between your Cash Book and Pass Book as on 31st March, 2024: On 31st March, 2024 your pass book showed a balance of ₹ 6,000 to your credit. Before that date, you had issued cheques amounting to ₹ 1,500 of which cheques of ₹ 900 have been presented … Read more
8. A Bank Reconciliation Statement is prepared as on 31st March, 2024 starting with debit balance as per Cash Book. State whether the following transactions will be shown in the Bank Reconciliation Statement by adding or deducting these from the given balance giving reason: Bank had wrongly debited the account by ₹ 25,000 on 31st … Read more
7. On examining the Bank Statement of Mukesh Bros., it is noticed that the balance shown on 31st March, 2024, differs from the bank balance of ₹ 23,650 shown by the Cash Book on that date. From a detailed comparison of the entries, it is found that: ₹2,860 is entered in the Cash Book as … Read more
6. Prepare a Bank Reconciliation Statement as on 31st March, 2024 from the following: On 31st March, 2024, Cash Book of a firm showed bank balance of ₹ 36,000 (Dr.) Cheques had been issued for ₹ 30,000, out of which cheques of ₹ 24,000 were presented for payment. Cheques of ₹ 8,400 were deposited in … Read more
5. From the following particulars, prepare Bank Reconciliation Statement as 31st December, 2023: Debit balance as per Cash Book ₹ 10,000. A cheque for ₹ 500 issued in favour of Karan has not been presented for payment. A post-dated cheque of ₹1,000 debited in the bank column of the Cash Book but not sent to bank. … Read more
4. Cash Book of John 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 … Read more
3. On 31st December, 2023, bank column of the Cash Book of Gurman showed balance of ₹ 12,000 but the Pass Book showed a different balance due to the following reasons: Cheques paid into the bank ₹ 8,000 but out of these only cheques of ₹ 6,500 credited by bank. The receipts column of the … Read more
2. Ramesh has his account with State Bank of India. According to his Cash Book, his bank balance on 31st March, 2024 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 … Read more
1. Prepare Bank Reconciliation Statement from the following: ₹ (i) Debit balance as per the Cash Book 30,000 (ii) Cheques deposited but not cleared 2,000 (iii) Cheques issued but not presented for payment 3,000 (iv) Bank interest 400 T.S.Grewal/2024 Edition/Practical Problems/Q-01 Answer : Back