[ISC] Q 27, Q 28 Bank Reconciliation Statement Solutions TS Grewal class 11 (2026-27)

Solution of Question number 27 and 28 Bank Reconciliation statement TS Grewal Class 11 ISC Board 2026-27 Session

Q. 27. Komal needs help in preparing the Bank Reconciliation Statement as on 31st May, 2025, based on the following information reported by his cashier:

(i) Bank balance as per the Bank Statement received is ₹ 15640 (Dr.)

(ii) Of the total cheques deposited for ₹ 60,000 and issued for ₹ 40,000, 10% of each were cleared and encashed in the month of June, 2025, respectively.

(iii) Bank interest ₹ 350 allowed and ₹ 840 charged, as reflected in the Pass Book, were both credited in the Cash Book, in the last week of May.

(iv) A Cheque for ₹ 500 was debited twice in the Cash Book.

(v) A direct deposit into bank of ₹ 2,000 by client lalita, was not recorded in the Cash Book.

[Ans. Overdraft as per Cash Book – ₹ 15,840.]

Solution:-

Q. 28. On checking the Bank Pass Book it was found that it showed as overdraft of ₹ 5,220 as on 31st March, 2023, while as per Ledger it was different. The following differences were noted:

(i) Cheques deposited but not yet credited by the bank ₹ 6,000.

(ii) Cheques dishonoured and debited by the bank but not given effect to it in the Ledger ₹ 800.

(iii) Bank charges debited by the bank but Debit Memo not received from the bank ₹ 50.

(iv) Interest on overdraft excess credited in the Ledger ₹ 200.

(v) Wrongly credited by the bank to account, deposit of some other party ₹ 900.

(vi) Cheques issued but not presented for payment ₹ 400.

[Balance as per Cash Book (Dr.) – ₹ 130.]

Solution:-