41. Prepare a Bank Reconciliation Statement as on 31st Dec.. 2019 from the following transactions:

(i) Bank overdraft as per Pass Book ₹22,000 as on 31st Dec.

(ii) On 28th Dec., cheques had been issued for ₹50,000 of which cheques worth ₹6,000 only had been encashed upto 31st Dec.

(iii) Cheques amounted to ₹4,500 had been paid into the bank for collection but out of these only ₹1,000 had been credited in the Pass Book.

(iv) The bank has charged ₹1,500 as interest on overdraft and the intimation of which has not been received as yet.

(v) Bank has collected ₹1,600 directly in respect of interest on investment.

(vi) A cheque of ₹1,200 has been debited in bank column of Cash Book, but it was not sent to bank at all.

(KVS 2019)

 

D.K.Goel/2024 Edition/Practical Questions/Q-41

For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company

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