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13.6                                                   Double Entry Book Keeping—CBSE XI

                     Solution:          BANK RECONCILIATION STATEMENT as on 31st March, 2024

                     Particulars                                                        Amount   Amount
                                                                                        Details (`)   `
                     Balance as per Cash Book (Dr.)                                                8,500
                     Add:  (i)  Cheques issued but not yet presented for payment          6,000
                         (iii)  Cheque collected by Bank but not recorded in Cash Book   20,000
                         (ix)  Amount directly deposited by a Customer                    2,000
                          (x)  Interest on debentures directly received by bank           2,500
                         (xi)  Cheque deposited into bank not recorded in Cash Book       1,500
                         (xiii)  Interest on bank balance                                  100    32,100
                                                                                                  40,600
                     Less:   (ii)  Cheques deposited in bank but not collected            8,000
                         (iv)  Cheque deposited in bank dishonoured but not recorded in Cash Book   1,000
                          (v)  Payment of bill by bank but not recorded in Cash Book      4,500
                         (vi)  Discounted cheque dishonoured and not entered in Cash Book   8,000
                         (vii)  Cheque deposited credited with lower amount (` 5,100 – ` 5,010)   90
                         (viii)  Cheque deposited but credited to wrong account            500
                         (xii)  Insurance premium paid by bank                            1,250
                         (xiii)  Bank charges                                               90
                         (xiv)  Cheque recorded in Cash Book but not deposited in Bank     250    23,680
                     Balance as per Pass Book (Cr.)                                              16,920

                                                 Unsolved Questions


                       1.  Prepare a Bank Reconciliation Statement from the following on 31st March, 2024:
                          (i)  Balance as per Cash Book ` 12,500.
                         (ii)  Cheques deposited ` 4,500 but not yet credited.
                        (iii)  Bank charges ` 50 entered twice in Cash Book.
                         (iv)  Direct deposit by a customer into bank ` 1,500 not entered in Cash Book.
                         (v)  Discount allowed to customers ` 120 entered in bank column of Cash Book.
                                                                          (MSE Chandigarh 2015, Modified)
                                                                  [Ans.: Balance as per Pass Book—` 9,430.]
                       2.  From the following particulars, prepare Bank Reconciliation Statement as on
                        31st December 2024:
                          (i)  Debit balance as per Cash Book ` 10,000.
                         (ii)  A cheque for ` 500 issued in favour of Karan has not been presented for payment.
                        (iii)  A bill for ` 700 paid by bank on our behalf under a rebate of ` 20, the full amount of
                             the bill was credited in the bank column of Cash Book.
                         (iv)  A cheque for ` 295 deposited in bank has been dishonoured.
                         (v)  A sum of ` 800 deposited in the bank has been credited as ` 80 in the Pass Book.
                         (vi)  Payments side of Cash Book has been undercast by ` 200.   (KVS 2015, Modified)
                                                                  [Ans.: Balance as per Pass Book—` 9,305.]
                       3.  From the following particulars, prepare Bank Reconciliation Statement as on 31st March, 2024:
                          (i)  Bank balance as per Cash Book ` 25,450.
                         (ii)  A number of cheques were deposited in the Bank but on 31st March, 2024, a cheque
                             for ` 500 was not credited in the Pass Book.
                        (iii)  Several cheques aggregating ` 5,000 were issued but only cheques for ` 4,500 were
                             presented to Bank for payment.
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