[ISC] Q 4 Solution Bank Reconciliation Statement Class 11 (2023-24)

Solution of Question number 4 Bank Reconciliation Statement class 11 ISC 2023-24?

On 31st March, 2023, the Cash Book of Mahesh showed a debit bank balance of ₹ 75,000. When compared with the Bank Pass Book, the following were noticed: On 30th March, two cheques of ₹ 5,000 and ₹ 7,000 were deposited in the bank but were not realised till date. On 28th March, three cheques of ₹ 6,000; ₹ 8,000 and ₹ 12,000 were issued but none of these was presented before the bank for payment. On 31st March, bank credited ₹ 1,250 as interest but this was not recorded in the Cash Book. Similarly, the bank had charged ₹ 150 but this was not recorded in the Cash Book.

Prepare Bank Reconciliation Statement as on 31st March, 2023.

Solution:-

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