CBSE Class 11-commerce Answered
From the following particulars, prepare a bank
reconciliation statement showing the balance as per passbook on January 31,
2016.
Overdraft
shown as per cash book on January 31, 2016 Rs.8,000
Interest
on overdraft for six months ending January 31, 2016 of Rs.380 debited
in the passbook
Cheques
issued but not encashed prior to January 31, 2016 amounted to Rs.2,150
Interest
on investment collected by the bank and credited in the passbook Rs.1000
Bank
charges for the above period also debited in the passbook Rs.500
Cheques
paid to bank but not cleared before January, 31 2016 were Rs.6,450
A bill
receivable for Rs.500 previously discounted with the bank
had been dishonoured and debited in the passbook.
Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
Expert Answer
Bank Reconciliation Statement as on 31st January, 2016
|
|||
|
Particulars |
Amount Rs. |
Amount Rs. |
|
Overdraft Balance as per Cash Book (Cr.) |
|
8,000 |
Add |
Interest on overdraft charged by the bank |
380 |
|
|
Bank charges not recorded in the cash book |
500 |
|
|
Cheques deposited into bank but not cleared |
6,450 |
|
|
Bill receivable dishonoured |
500 |
7,830 |
|
|
|
15,830 |
Less |
|
|
|
|
Cheques issued but not presented for payment |
2,150 |
|
|
Interest on investment collected by the bank |
1,000 |
3,150 |
|
Overdraft Balance as per Pass Book (Dr.) |
|
12,680 |
Answered by | 18 Jul, 2016, 06:09: PM
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ANSWERED BY EXPERT
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Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
ANSWERED BY EXPERT
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