29. Prepare Bank Reconciliation Statement as on 31st March, 2024 from the following particulars: Raj’s overdraft as per Pass Book ₹ 12,000 as on 31st March, 2024. On 30th March, 2024 cheques had been issued for ₹ 70,000 of which cheques amounting to ₹ 3,000 only had been encashed up to 31st March, 2024. Cheques … Read more
28. From the following particulars of Gurpreet, prepare Bank Reconciliation Statement showing the balance as per Cash B0ok on 31st March, 2024: Balance as per Pass Book on 31st March, 2024 overdrawn ₹ 10,000. Cheques drawn in the last week of March, 2024 but not cleared till 3rd April, 2024 ₹ 20,000. Interest on bank … Read more
27. 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, 2023: Bank Pass Book showed an overdraft of ₹ 16,500 on 3lst October. Interest of ₹ 1,250 on overdraft up to 3lst October, 2023 has been debited in the … Read more
26. On checking the Bank Pass Book it was found that it showed an overdraft of ₹ 3,220 as on 31st March, 2024, while as per Ledger it was different. The following differences were noted: Cheques deposited but not yet credited by the bank ₹ 6,000. Cheques dishonoured and debited by the bank but not … Read more
25. Prepare Bank Reconciliation Statement from the following particulars as on 31st March, 2024 when Pass Book shows a debit balance of ₹ 2,500: Cheque issued for ₹ 5,000 but up to 31st March, 2024 only ₹ 3,000 could be cleared. Cheques deposited for ₹ 5,500 but cheques of ₹ 500 were collected on 10th … Read more
24. Komal needs help in preparing the Bank Reconciliation Statement as on 31st May, 2024, based on the following information reported by his cashier: Bank balance as per the Bank Statement received is ₹ 15,640 (Dr.) Of the total cheques deposited for ₹ 60,000 and issued for ₹ 40,000, 10% of each were cleared and … Read more
23. On 31st March, 2024, Pass Book of Sapna shows debit balance of ₹ 10,000. From the following particulars, prepare Bank Reconciliation Statement: Cheques amounting to ₹ 8,000 drawn on 25th March, 2024 of which cheques of ₹ 5,000 cashed in April, 2024. Cheques paid into bank for collection of ₹ 5,000 but cheques of … Read more
22. From the following information, prepare Bank Reconciliation Statement as on 31st March, 2024: ₹ (i) Bank overdraft as per Pass Book 36,000 (ii) Cheques issued but not presented for payment 19,700 (iii) Cheques deposited with bank but not collected 25,000 (iv) Cheques entered in Cash Book but not banked 9,000 (v) Directly … Read more
21. From the following particulars, ascertain the Pass Book balance of M/s Deepak & Co. as on 31st March, 2024: Bank overdraft as per Cash Book on 31st March, 2024 ₹ 63,400. Interest on overdraft for 6 months ending 31st March, 2024, ₹ 1,600 is entered in the Pass Book. Bank charges of ₹ 300 … Read more
20. Overdraft balance shown by the bank column in the Cash Book of Vivek is ₹ 45,000. Prepare Bank Reconciliation Statement as on 3lst December, 2017: A post-dated cheque of ₹ 5,000 previously discounted with the bank had been dishonoured and debited in the Pass Book. Interest on investment collected by the bank and credited … Read more