Question 29:
On checking the Bank Pass Book it
was found that it showed an overdraft of `5,220 as on 31st March, 2025, while as per Ledger it was different. The
following differences were noted:
(i) Cheques deposited but not yet credited by the bank `6,000.
(ii) Cheques dishonoured and debited by the bank but not given effect to it in
the Ledger `800.
(iii) Bank charges debited by the bank but Debit Memo not received from the
bank `50.
(iv) Interest on overdraft excess credited in the Ledger `200.
(v) Wrongly credited by the bank to account, deposit of some other party `900.
(vi) Cheques issued but not presented for payment `400.
Answer:
|
Bank Reconciliation Statement as on March 31, 2025 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
|
Overdraft
as per the Pass Book |
|
5,220 |
|
(i) |
Cheques
deposited but not cleared |
6,000 |
|
|
(ii) |
Cheques
dishonoured not entered in the Cash Book |
800 |
|
|
(iii) |
Bank
Charges |
50 |
|
|
(iv) |
Interest
on Overdraft excess credited in the Cash Book |
|
200 |
|
(v) |
Amount
wrongly credited in the Pass Book |
|
900 |
|
(vi) |
Cheques
issued but not presented for payment |
|
400 |
|
|
Balance
as per the Cash Book |
|
130 |
|
|
|
6,850 |
6,850 |
|
|
|
|
|
Question
30:
From
the following particulars, you are required to ascertain the bank balance as
would appear in the Cash Book of Ramesh as on 31st October, 2024:
(i) Bank Pass Book showed an overdraft of `16,500
on 31st October.
(ii) Interest of `1,250 on overdraft up to 31st October, 2024 has been debited in the Bank Pass Book but it
has not been entered in the Cash Book.
(iii) Bank charges debited in the Bank Pass Book amounted to `35.
(iv) Cheques issued prior to 31st October, 2024 but not presented till that
date, amounted to `11,500.
(v) Cheques paid into bank before 31st October, but not collected and credited
up to that date, were for `2,500.
(vi) Interest on investment collected by the bankers and credited in the Bank
Pass Book amounted to `1,800.
Answer:
|
Bank Reconciliation Statement as on October 31,2024 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
(i) |
Overdraft
as per the Pass Book |
|
16,500 |
|
(ii) |
Interest
on Overdraft |
1,250 |
|
|
(iii) |
Bank
Charges |
35 |
|
|
(iv) |
Cheques
issued but not presented for payment |
|
11,500 |
|
(v) |
Cheques
deposited but not cleared |
2,500 |
|
|
(vi) |
Interest
on Investment was not recorded in the Cash Book |
|
1,800 |
|
|
Overdraft
as per the Cash Book |
26,015 |
|
|
|
|
29,800 |
29,800 |
|
|
|
|
|
Question 31:
From the following particulars of
Gurpreet, Prepare Bank Reconciliation Statement showing the balance as per Cash
Book on 31st March, 2025:
(i) Balance as per Pass Book on 31st March, 2025 overdrawn `10,000.
(ii) Cheques drawn in the last week of March, 2025 but not cleared till 3rd
April, 2025 `20,000.
(iii) Interest on bank overdraft not entered in the Cash Book `1,500.
(iv) Cheques of `20,000 deposited in the
bank in March, 2025 but not collected and credited till 3rd April, 2025.
(v) `100 Insurance Premium paid
by the bank under a standing order has not been entered in the Cash Book.
(iv) A draft of `10,000 favouring Atul & Co. was issued by the bank charging
commission of `200. However, in the Cash
Book entry was passed by `10,000.
Answer:
|
Bank Reconciliation Statement as on March 31,2025 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
|
|||
|
(i) |
Balance as per Pass Book (Dr.) |
10,000 |
|
|
(ii) |
Cheques
drawn but not cleared |
20,000 |
|
|
(iii) |
Interest
on bank overdraft |
1,500 |
|
|
(iv) |
Cheques
deposited but not collected |
20,000 |
|
|
(v) |
Insurance
Premium paid by the bank |
100 |
|
|
(vi) |
Bank
charging commission, not recorded in cash book |
200 |
|
|
|
Balance as per Cash Book (Cr.) |
8,200 |
|
|
|
30,000 |
30,000 |
|
|
|
|
|
|
Question
32:
From
the following information supplied by Sanjay, prepare his Bank Reconciliation
Statement as on 31st March, 2025:
|
|
|
` |
|
(i) |
Bank overdraft as per Pass Book. |
16,500 |
|
(ii) |
Cheques issued but not presented for payment. |
8,750 |
|
(iii) |
Cheques deposited with the Bank but not collected. |
10,500 |
|
(iv) |
Cheques recorded in the Cash Book but not sent to the bank
for collection. |
2,000 |
|
(v) |
Payments received from customers directly by the bank. |
3,500 |
|
(vi) |
Bank charges debited in the Pass Book. |
200 |
|
(vii) |
Premium on life policy of Sanjay paid by the bank on
standing advice. |
1,980 |
|
(viii) |
Bank had debited 3,100 for payment of electricity bill. It
was not recorded in cash book. |
Answer:
|
Bank Reconciliation Statement as on March 31, 2025 |
|||
|
S. No. |
Particulars |
Plus Items (`) |
Minus Items (`) |
|
(i) |
Overdraft
as per the Pass Book |
|
16,500 |
|
(ii) |
Cheques
issued but not presented for payment |
|
8,750 |
|
(iii) |
Cheques
deposited but not collected |
10,500 |
|
|
(iv) |
Cheques
entered in the Cash Book but not sent to bank for collection |
2,000 |
|
|
(v) |
Amount
directly deposited into bank by customer |
|
3,500 |
|
(vi) |
Bank
Charges |
200 |
|
|
(vii) |
Insurance
Premium paid by bank not recorded in the Cash Book |
1,980 |
|
|
(viii) |
Payment of electricity bill. It
was not recorded in cash book. |
3,100 |
|
|
|
Overdraft as per the Cash Book |
10,970 |
|
|
|
|
28,750 |
28,750 |
|
|
|
|
|
Question 33:
On 31st
March, 2025, the pass book of a businessman shows a debit balance of `2,000.
You are
required to prepare Bank Reconciliation Statement as on 31st March, 2025 from
the following particulars:
(i) Cheques
amounting to `16,000 drawn on 25th March of which cheques of `6,000 were encashed up to 31st March.
(ii) Cheques
worth `10,000 were deposited in March, 2025,
out of which cheques of `4,400 could only be collected.
(iii) Bank
charges `50 and dividend of `700 on shares collected by bank could
not be shown in the Cash Book.
(iv) A
cheque of `1,200 debited in the ash Book was omitted to be banked.
(v) A cheque
of `1,500 was sent to the bank but its
entry was omitted to be made in Cash Book.
Answer:
|
|
|
Detail (`) |
` |
|
|
Debit balance as per pass book |
|
2,000 |
|
(i) |
Cheques issued not presented in March |
10,000 |
|
|
(iii) |
Dividend collected by bank, not shown
in the Cash Book |
700 |
|
|
(v) |
A cheque was sent to the bank but its
entry was omitted to be made in Cash Book |
1,500 |
12,200 |
|
|
|
|
14,200 |
|
(ii) |
Cheques deposited, but could not be
collected |
(5,600) |
|
|
(iii) |
Bank charges, not shown in cash book |
(50) |
|
|
(iv) |
A cheque debited in the cash Book was
omitted to be banked |
(1,200) |
(6,850) |
|
|
Credit balance as per Cash book |
|
7,350 |
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Ts Grewal Solution 2025-2026
Class 11th