Question
5:
On 31st December, 2024, 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:
(i) Cheques paid into the bank `8,000 but out of these only cheques of `6,500 credited
by bank.
(ii) The receipts column of the Cash Book undercast by `200.
(iii) On 29th December, 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 January, 2025.
(v) Pass Book shows a credit of `330 as interest and a debit of `60 as bank
charges.
(vi) The bank had wrongly debited the account of Gurman by `2,000, which
was rectified after 31st December, 2024.
Prepare Bank Reconciliation Statement as on 31st December, 2024.
Answer:
|
Bank Reconciliation Statement as on June 30, 2025 |
|||
|
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 |
|
(vi) |
Bank had wrongly debited |
2,000 |
|
|
|
Balance
as per the Pass Book |
|
14,170 |
|
|
|
17,730 |
17,730 |
|
|
|
||
Question
6:
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 post-dated cheque of `1,000 debited in the bank column of the cash book but
not sent to bank.
(iv) Acheque for `295 deposited in the 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 the Cash Book has been undercast by `200.
Answer:
|
Bank Reconciliation Statement as on December 31, 2024 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
(i) |
Balance
as per the Cash Book |
10,000 |
|
|
(ii) |
A cheque for `500 issued to Karan was not presented for payment |
500 |
|
|
(iii) |
A post-dated
cheque, not sent to bank. |
1,000 |
|
|
(iv) |
Cheque
deposited and dishonoured |
|
295 |
|
(v) |
A
sum of `800 deposited in bank recorded wrongly as `80 in the pass book |
|
720 |
|
(vi) |
Payment
side of the Cash book undercast |
|
200 |
|
(vii) |
Dishonour
of bill has not been recorded in the Cash book |
|
1,000 |
|
|
Balance as per the Pass Book |
|
8,285 |
|
|
|
11,520 |
10,520 |
|
|
|
|
|
Question:7
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 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 |
|
|
|
|
|
Question 8:
On
examining the Bank Statement of Mukesh Bro., it is noticed that the balance
shown on 31st March, 2025, 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:
(i) `2,860 is entered in the Cash Book as paid into the
bank on 31st March, 2025 but not credited by the bank until the following day.
(ii) Bank charges of `70 on 31st March, 2025 are not entered in the Cash
Book.
(iii) Cheques totaling `16,720 were issued by the company and duly recorded in
the Cash Book before 31st March, 2025 but had not been presented at the Bank
for payment until after that date.
(iv) On 25th March, 2025, a debtor paid `1,000
into the Company's Bank in settlement of his account but no entry was made in
the Cash Book of the company in respect of this.
(v) No entry has been made in the Cash Book to record the dishonour on 15th
March, 2025, of a cheque for `550 received
from Ram Babu.
Prepare a Bank Reconciliation Statement as on 31st March, 2025.
Answer:
|
Bank Reconciliation Statement as on March 31, 2025 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
|
Balance
as per the Cash Book |
23,650 |
|
|
(i) |
Cash
deposited into bank but not entered in the Pass book |
|
2,860 |
|
(ii) |
Bank
Charges not entered the Cash Book |
|
70 |
|
(iii) |
Cheques
issued but not presented for payment |
16,720 |
|
|
(iv) |
Amount
directly deposited by the debtor |
1,000 |
|
|
(v) |
Cheque
received from Ram Babu was dishonoured and not recorded in Cash Book |
|
550 |
|
|
Balance
as per the Pass Book |
|
37,890
|
|
|
|
41,370 |
41,370 |
|
|
|
|
|
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Ts Grewal Solution 2025-2026
Class 11th