[CBSE] Q 8 Bank Reconciliation Statement Solutions TS Grewal class 11 (2023-24)

Solution of Question number 8 Bank Reconciliation statement TS Grewal Class 11 CBSE Board 2023-24 Session?

A Bank Reconciliation Statement is prepared as on 31st March, 2023 starting with debit 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) Bank had wrongly debited the account by ₹ 25,000 on 1st March, 2023 and reversed on 3rd April, 2023.

(ii) Receipts Side of the Cash Book was overcast by ₹ 100.

(iii) Payments Side of the Cash Book was overcast by ₹ 1,000.

(iv) Receipts Side of the Cash Book was undercast by ₹ 1,000.

(v) Payments Side of the Cash Book was undercast by ₹ 10,000.

(vi) Cheque for ₹ 10,000 issued but was not recorded in the Cash Book.

(vii) Bill of Exchange of ₹ 5,000 was deposited for collection which was not recorded in the Cash Book. Bank had collected the bill and had credited the account.

[Transactions to be added: (iii), (iv), (vii); Transactions to be deducted: (i), (ii), (v), (vi).]

Solution:-

Below is the list of all solutions of the Bank Reconciliation statement TS Grewal CBSE Board

S.N	Solutions
1	Question – 1
2	Question – 2
3	Question – 3
4	Question – 4
5	Question – 5
6	Question – 6
7	Question – 7
8	Question – 8
9	Question – 9
10	Question – 10

S.N	Solutions
11	Question – 11
12	Question – 12
13	Question – 13
14	Question – 14
15	Question – 15
16	Question – 16
17	Question – 17
18	Question – 18
19	Question – 19
20	Question – 20

S.N	Solutions
21	Question – 21
22	Question – 22
23	Question – 23
24	Question – 24
25	Question – 25
26	Question – 26
27	Question – 27
28	Question – 28
29	Question – 29