Question

फ्रॉम द फॉलोइंग डीटेल्स प्रिपेयर बैंक रिकॉन्सिलिएशन स्टेटमेंट एफ पासबुक शो द डेबिट बैलेंस ऑफ 25 जून 28 जून 2015 ​

Answer 1

Answer:

Explanation:

Question 1:

Rim Zim Ltd. maintains a current account with the State Bank of India. On 31st March, 2017, 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 :

   ₹

(i) Cheques deposited, but not yet credited by the bank 75,450

(ii) Cheques issued, but not yet presented for payment 80,760

(iii) Bank charges not yet recorded in the cash book 1,135

(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 book 15,400

(vi) Dividend collected by the bank, but not yet recorded in the cash book 1,000

Find out the balance as per the bank statement as on 31st March, 2017.

ANSWER:

Bank Reconciliation Statement

as on March 31, 2017

S. No. Particulars Plus Items (Rs) Minus Items (Rs)

 Debit Balance as per Cash Book 1,54,300  

 

Add: (ii) Cheques issued but not presented

80,760  

 

(iv) Cheques received by bank directly from Trade Debtors

1,35,200  

 

(vi) Dividend collected not recorded in Cash Book

1,000  

       

 

Less: (i) Cheques deposited but not credited by the bank

 75,450

 

(iii) Bank charges not recorded in the Cash Book

 1,135

 

(v)  Insurance premium paid as per standing instructions

 15,400

 Credit Balance as per Pass Book   2,79,275

   3,71,260 3,71,260

       

Page No 15.28:

Question 2:

The balance of cash at bank as shown by the Cash Book of Pan & Co. on 31st December, 2016, was ₹ 7,500. On checking the entries in the Cash Book with the Pass Book, it was ascertained that cheques of ₹ 500 and ₹ 700 respectively paid in on 30th December, were not credited until the 2nd January following and three cheques of ₹ 600, ₹ 800 and ₹ 1,200 issued on the 28th December were not presented until the 3rd of January. There was a credit of ₹ 125 in the Pass Book in respect of interest under date 31st December, which was not entered in the Cash Book. There were also Bank Charges debited in the Pass Book amounting in all to ₹ 10 which were not entered in the Cash Book.

Prepare a Bank Reconciliation Statement as at 31st December, 2016.

ANSWER:

Bank Reconciliation Statement

as on December 31, 2016

S. No. Particulars Plus Items (Rs) Minus Items (Rs)

 Debit Balance as per Cash Book 7,500  

 

Add: Cheques issued but not presented for payment

(600 + 800 + 1,200)

2,600  

 

Interest credited by bank

125  

       

 

Less: Cheques deposited but not credited by the bank

(500 + 700)

 1,200

 

Bank Charges

 10

 Credit Balance as per Pass Book   9,015

   10,225 10,225