[ISC] Q 20 Solution Bank Reconciliation Statement Class 11 (2023-24)

Share your love

Solution of Question number 20 Bank Reconciliation Statement class 11 ISC 2023-24?

On 31st March, 2023, Bank Pass Book of Naresh & Co. showed an overdraft of ₹ 1,07,000.From the following information, prepare Bank Reconciliation Statement:

(i) Cheques issued before 31st March, 2023 but presented for payemnt after that date amounted to ₹ 9,000.

(ii) Cheques paid into Bank but not collected and credited until 31st March, 2023 amounted to ₹ 22,000.

(iii) Interest on bank overdraft amounting to ₹ 12,000 was not recorded in the Cash Book.

(iv) ₹ 50,000 being interest on investments collected by the bank and credited in the Bank Pass Book were not shown in the Cash Book.

(v) Bank charges of ₹ 500 were not recorded in the Cash Book.

(vi) ₹ 8,000 in respect of dishonoured cheque were entered in the Bank Pass Book but not in the Cash Book.

Solution:-

Below is the list of all solutions of this chapter

S.NSolutions
1Question – 1
2Question – 2
3Question – 3
4Question – 4
5Question – 5
6Question – 6
7Question – 7
8Question – 8
9Question – 9
Share your love
Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his Youtube channel for free lectures

Articles: 6553

Leave a Reply

Your email address will not be published. Required fields are marked *

x