Class11th

9. On 31st December, 2019 the Cash Book of Basu showed an overdraft of ₹18,000 with the Bank of India. The balance did not agree with balance as shown by the Bank Pass Book and you find that Basu had paid into the Bank on 26th December four cheques for ₹10,000; ₹12,000; ₹76,000 and ₹8,000. … Read more

8. On 30th June 2020, the Cash Book of a trader shows a bank overdraft of ₹2,500. Following informations are available: 1. Cheques amounting to ₹14,600 had been paid to the bank, but of these only ₹12,200 were credited in the Pass Book, up to 30th June, 2020. 2. He had also issued cheques amounting … Read more

7. Tiwari and Sons find that the bank balance shown by their Cash Book on December 31, 2022 is ₹40,500 (Credit) but the Pass Book shows a difference due to the following reasons 1. A cheque for ₹5,000 drawn in favour of Manohar has not yet been presented for payment.  2. A post-dated cheque for … Read more

6. Prepare Bank Reconciliation Statement as on 31st January, 2017, if Cash Book of Mr. Sanjay showed a credit balance of ₹20,100. (i) The bank had paid fire insurance premium of ₹550 which does not appear in the Cash Book. (ii) Cheques for ₹25,000 issued during January, but cheques for only ₹18,500 were presented for … Read more

5. On comparing the Cash Book with Pass Book of Naman it is found that on March 31, 2023, bank balance of ₹40,960 showed by the Cash Book differs from the bank balance with regard to the following: (a) Bank charges ₹100 on March, 31 2023, are not entered in the Cash Book. (b) On … Read more

4. On 30th June 2020, the bank balance as per Sanjay Yadav’s Cash Book was ₹1,500. On comparing with the Pass Book the following information was received: 1. Cheques amounting to ₹7,290 were issued on 28th June, of which one cheque of ₹1,300 was presented in the bank for payment on 4th July. 2. Cheques … Read more

3. On 30th June, 2020, the bank column of Mohan Kapoor’s Cash Book showed a debit balance of ₹12,000. On checking the Cash Book with bank statement, you find that:- 1. Cheques paid into Bank ₹8,000, but out of these only cheques of ₹6,500 were cleared and credited by the Bankers up to 30th June. … Read more

2. The balance of cash at bank as shown by the Cash Book of Pan & Co. on 31st December, 2022, was ₹7,500. On checking the entries in the Cash Book with the Pass Book, it was ascertained that cheques of ₹500 and ₹700 respectively paid in on 30th December, were not credited until the … Read more

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 … Read more