[ISC] Q 7, Q 8 Bank Reconciliation Statement Solutions TS Grewal class 11 (2026-27)
Solution of Question number 7 and 8 Bank Reconciliation statement TS Grewal Class 11 ISC Board 2026-27 Session
Q. 7. On examining the Bank Statement of Mukesh Bros., it is found that the balance shown on 31st March, 2023, differs from the bank balance of ₹ 23,650 shown by the Cash Book on that date. From a detailed comparison of the entries it is found that:
(i) ₹ 2,860 is entered in the Cash Book is paid into the bank on 31st March, 2023 but not credited by the bank until the following day.
(ii) Bank Charges of ₹ 70 on 31st March, 2023 are not entered in the Cash Book.
(iii) Cheques totalling ₹ 16,720 were issued by the company and duly recorded in the Cash Book before 31st March, 2023 but had not been presented at the Bank for payment until after that date.
(iv) On 25th March, 2023, a debtor paid ₹ 1,000 into the Company’s Bank in settlement of his account but no entry was made in the Cash Book of the company in respect of this.
(v) No entry has been made in the Cash Book to record the dishonour on 15th March, 2023, of a cheque for ₹ 550 received from Ram Babu.
Prepare a Bank Reconciliation Statement as on 31st March, 2023.
[Balance as per Bank Statement – ₹ 37,890.]
Solution:-
Q. 8. Prepare a Bank Reconciliation Statement as on 31st March, 2023 from the following:
(i) On 31st March, 2023, Cash Book of a firm showed bank balance of ₹ 36,000 (Dr.).
(ii) Cheques had been issued for ₹ 30,000, out of which cheques of ₹ 24,000 were presented for payment.
(iii) Cheques of ₹ 8,400 were deposited in the bank on 28th March, 2023 but has not been credited by the bank. Also, a cheque of ₹ 3,000 entered in the Cash Book on 30th March, 2023 was banked on 3rd April.
(iv) A cheque from Suresh for ₹ 2,400 was deposited in the bank on 26th March, 2023 was dishonoured, advice was received on 2nd April, 2023.
(v) Pass Book showed bank charged of ₹ 120 debited by the bank.
(vi) One of the Debtors deposited ₹ 3,000 in the bank account of the firm on 26th March, 2023, but the intimation in this respect was received from the bank on 2nd April, 2023.
[Balance as per Pass Book – ₹ 31,080.]
Solution:-
