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 deposited, but not yet credited by the bank75,450
(ii) Cheques issued, but not yet presented for payment80,760
(iii) Bank charges not yet recorded in the cash book1,135
(iv) Cheques received by the bank directly from trade debtors 1,35,200
(v) Insurance premium paid by the bank as per standing instructions, but not yet recorded in the cash book15,400
(vi) Dividend collected by the bank, but not yet recorded in the cash book1,000

Find out the balance as per the bank statement as on 31st March, 2023.

D.K.Goel/2024 Edition/Practical Questions/Q-01

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