[DK Goel] Q. 7, Q. 8 Bank Reconciliation Statements Solutions Class 11 CBSE (2025-26)

Solutions of Question number 7 and 8 of Chapter 16 Bank Reconciliation Statements DK Goel class 11 CBSE (2025-26)

Q. 7. On 30th June 2024, the Cash Book of a trader shows a bank overdraft of ₹ 2,500. Following informations are available:-

(1) Cheques amounting to ₹ 14,600 had been paid to the bank, but of these only ₹ 12,200 were credited in the Pass Book, up to 30th June, 2024.

(2) He had also issued cheques amounting to ₹ 10,000, out of which only ₹ 3,600 had been presented for payment.

(3) A Cheque of ₹ 500 which he had debited to the bank account was not sent to bank for collection by mistake.

(4) There is a debit in the Pass Book of ₹ 10 for Bank Charges and ₹ 50 for interest.

(5) A customer directly paid into his bank ₹ 1,000, but it was not shown in the Cash Book.

(6) Bank has paid insurance premium of ₹ 400 according to his instructions, but this is not recorded in the Cash Book.

Prepare a Bank Reconciliation Statement.

[Ans. Credit Balance as per Pass Book ₹ 1,540.]

Solution:-

Q. 8. On 31st December, 2024 the Cash Book of Basu showed an overdraft of ₹ 18,000 with the Bank of India.

The balance did not agree with balance as shown by the Bank Pass Book and you find that Basu had paid into the Bank on 26th December four cheques for ₹ 10,000; ₹ 12,000; ₹ 6,000 and ₹ 8,000. Of these the cheque for ₹ 6,000 was credited by the bank in January, 2020. Basu had issued on 24th December three cheques for ₹ 15,000, 12,000, and ₹ 7,000. The first two cheques were presented to the bank for payment in December and the third in January, 2025.

You also find that on 31st December, 2024, the bank had debited Basu’s Account for ₹ 500 for interest and ₹ 20 for charges but Basu has not recorded these amounts in his books.

You are required to prepare a Bank Reconciliation Statement as on 31st December, 2024 and ascertain the balance as per bank Pass Book.

[Ans. Overdraft as per Pass Book ₹ 17,520.]

Solution:-

Below is the list of all solutions

S.N	Solutions
1	Question – 1, 2
2	Question – 3, 4
3	Question – 5, 6
4	Question – 7, 8
5	Question – 9, 10
6	Question – 11, 12
7	Question – 13, 14
8	Question – 15, 16
9	Question – 17, 18
10	Question – 19, 20

S.N	Solutions
11	Question – 21, 22
12	Question – 23, 24
13	Question – 25, 26
14	Question – 27, 28
15	Question – 29, 30
16	Question – 31, 32
17	Question – 33, 34
18	Question – 35, 36
19	Question – 37, 38
20	Question – 39, 40
21	Question – 41, 42
22	Question – 43, 44