1. Rim Zim Ltd. maintains a current account with the State Bank of India. On 31st March, 2023, the bank column of its cash book showed a debit balance of ₹1,54,300. However, the bank statement showed a different balance as on that date.
The following were the reasons for the difference:
| Rs | |
|---|---|
| (i) Cheques deposited, but not yet credited by the bank | 75,450 |
| (ii) Cheques issued, but not yet presented for payment | 80,760 |
| (iii) Bank charges not yet recorded in the cash book | 1,135 |
| (iv) Cheques received by the bank directly from trade debtors | 1,35,200 |
| (v) Insurance premium paid by the bank as per standing instructions, but not yet recorded in the cash book | 15,400 |
| (vi) Dividend collected by the bank, but not yet recorded in the cash book | 1,000 |
Find out the balance as per the bank statement as on 31st March, 2023.
D.K.Goel/2024 Edition/Practical Questions/Q-01
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company
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