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
18. The passbook of Mr. Randhir showed an overdraft of ₹ 40,950 on March 31, 2017. Prepare bank reconciliation statement on March 31, 2017. Out of cheques amounting to ₹ 8,000 drawn by Mr. Randhir on March 27 a cheque for ₹ 3,000 was encashed on April 2017. Credited by bank with ₹ 3,800 for … Read more
17. Prepare a bank reconciliation statement from the following particulars and show the balance as per cash book. Balance as per passbook on March 31, 2017 overdrawn ₹ 20,000. Interest on bank overdraft not entered in the cash book ₹ 2,000. ₹ 200 insurance premium paid by bank has not been entered in the cash … Read more
16. Raghav & Co. have two bank accounts. Account No. I and Account No. II. From the following particulars relating to Account No. I, find out the balance on that account of March 31, 2017 according to the cash book of the firm. Cheques paid into bank prior to March 31, 2017, but not credited … Read more
15. Overdraft shown by the passbook of Mr. Murli is ₹ 20,000. Prepare bank reconciliation statement on dated March 31, 2017. Bank charges debited as per passbook ₹ 500. Cheques recorded in the cash book but not sent to the bank for collection ₹ 2,500. Received a payment directly from customer ₹ 4,600. Cheque issued … Read more
14. Prepare bank reconciliation statement of Shri Bhandari as on March 31, 2017 The Payment of a cheque for ₹ 550 was recorded twice in the passbook. Withdrawal column of the passbook under cast by ₹ 200 A Cheque of ₹ 200 has been debited in the bank column of the Cash Book but it … Read more