Prepare a Bank Reconciliation Statement from the following information. (6)
a) Cash book showed bank balance Rs.23500.
b) Cheques sent for collection Rs.5000 but twice recorded in pass book.
c) Cheques of Rs.15000 were issued but only 10000 cheques were presented till the date.
d) Insurance premium of Rs.1000 paid by bank as per instruction.
e) Interest allowed by bank Rs.500.
f) Cheque of Rs.4000 dishonour by bank.
Answers
Answer:
Accountancy Dk Goel 2019 Solutions for Class 11 Commerce Accountancy Chapter 9 Bank Reconciliation Statement are provided here with simple step-by-step explanations. These solutions for Bank Reconciliation Statement are extremely popular among Class 11 Commerce students for Accountancy Bank Reconciliation Statement Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Accountancy Dk Goel 2019 Book of Class 11 Commerce Accountancy Chapter 9 are provided here for you for free. You will also love the ad-free experience on Meritnation’s Accountancy Dk Goel 2019 Solutions. All Accountancy Dk Goel 2019 Solutions for class Class 11 Commerce Accountancy are prepared by experts and are 100% accurate.
₹
(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