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CBSE Class 11-commerce Answered

Prepare a Bank Reconciliation Statement on 31st December 2015 for the following when credit balance as per bank column of cash book is Rs.1,800:  i. Cheques issued, but not presented for payment Rs.360. ii. Cheque deposited but not collected by the bank. `70 iii. Interest on overdraft charged by the bank Rs.30. iv. A customer directly deposited in bank Rs.500.
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
answered-by-expert Expert Answer

Bank Reconciliation Statement

as on 31st December, 2015

Particular

Rs. 

Rs. 

Overdraft as per Cash Book (Cr.)

 

1,800

Add: Cheque deposited but not cleared

770

 

 Interest on overdraft charged by bank

30

800

 

 

2,600

Less: Cheque issued but not presented

360

 

 Directly deposited by a customer in bank

500

860

Overdraft as per Pass Book (Dr.) 

 

1,740

 

Answered by | 01 Jul, 2016, 05:14: PM
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CBSE 11-commerce - Accountancy Part I
Prepare a Bank Reconciliation Statement on 31st December 2015 for the following when credit balance as per bank column of cash book is Rs.1,800:  i. Cheques issued, but not presented for payment Rs.360. ii. Cheque deposited but not collected by the bank. `70 iii. Interest on overdraft charged by the bank Rs.30. iv. A customer directly deposited in bank Rs.500.
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
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CBSE 11-commerce - Accountancy Part I
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CBSE 11-commerce - Accountancy Part I
On 31st December, 2015 the cash book of Mr. Ajay Singh showed a debit balance of Rs.8,600. On comparing with the passbook, the following facts were discovered: Two cheques of Rs.400 and Rs.800 were deposited in the bank on 29th December but not yet collected by the bank On 30th December, bank credited Rs.900 as interest but this is not recorded in the cash book. On 26th December, three cheques of Rs.800, Rs.1000 and Rs.1200 were issued but only the first was presented to the bank for payment. Bank charges of Rs.300 were not entered in the cash book. Prepare the bank reconciliation statement as on 31st December, 2015.
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Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
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Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
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CBSE 11-commerce - Accountancy Part I
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Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
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Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
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Asked by Topperlearning User | 18 Jul, 2016, 04:09: PM
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