[ISC] Q 18 Solution Bank Reconciliation Statement Class 11 (2022-23)
Are you looking for the solution of Question number 18 Bank Reconciliation Statement class 11 ISC 2022-23?
A Bank Reconciliation Statement is prepared as on 31st March, 2022 starting with credit balance as per Cash Book. State whether the following transactions will be shown in the Bank Reconciliation Statement by adding or deducting these from the given balance giving reason:
(i) Cheque of ₹ 5,000 deposited was dishonoured.
(ii) Cheque of ₹ 10,000 was recorded in Cash Book but was not deposited.
(iii) A Bill of ₹ 10,000 discounted from Bank was dishonoured.
(iv) A cheque issued to Ramesh for ₹ 5,500 was not recorded in Cash Book.
(v) Payments side of the Cash Book was undercasted by ₹ 1,000.
Solution:-
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