[ISC] Q 9, Q 10 Bank Reconciliation Statement Solutions TS Grewal class 11 (2026-27)

Solution of Question number 9 and 10 Bank Reconciliation statement TS Grewal Class 11 ISC Board 2026-27 Session

Q. 9. Bank Reconciliation Statement is prepared as on 31st March, 2026 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, 2026 and reversed on 3rd April, 2026.

(ii) Receipts Side of the Cash Book was overcast by 500.

(iii) Payments Side of the Cash Book was overcast by 5,000.

(iv) Receipts Side of the Cash Book was undercast by 5,000.

(v) Payments Side of the Cash Book was undercast by 20,000.

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

(vii) A cheque of 5,000 deposited was not recorded in the Cash Book.

Solution_

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

Solution:-

(i) Deducted:

₹ 25,000 will be deducted from Cash Book since it is not recorded in cash book. By deducting the amount, the cash book balance will reduce and will be at par with Bank Pass Book balance.

(ii) Deducted

₹ 500 will be deducted from Cash Book since receipts side of the cash book wrongly totalled more. By deducting the amount, the cash book balance will reduce and will be at par with Bank Pass Book balance.

(iii) Added

₹ 5,000 will be added to the Cash Book since payments side of the cash book wrongly totalled more. It reduces the cash book balance wrongly. By adding the amount, the cash book balance will increase and will be at par with Bank Pass Book balance

(iv) Added

₹ 5,000 will be added to the Cash Book Since Receipts side of the cash book wrongly totalled less. By adding the amount, the cash book balance will increase and will be at par with Bank Pass Book balance.

(v) Deducted

₹ 20,000 will be deducted to the Cash Book since payments side of the cash book wrongly totalled less. It increases the Cash book Balance. By deducting the amount, the cash book balance will reduce and will be at par with Bank Book balance.

(vi) Deducted

₹ 10,000 will be deducted to the Cash Book. Since cheques issued not recorded in cash book increases the Cash book balance. By deducting the amount, the cash book balance will reduce and will be at par with Bank Book balance.

(vii) Added

₹ 5,000 will be added to the Cash Book. Since Cheques deposited not recorded in Cash book decreases the Cash book balance. By adding the amount, the cash book balance will increase and will be at par with Bank Book balance.

Q. 10. Prepare Bank Reconciliation Statement from the following particulars on 31st July, 2024:

(i) Balance as per the Pass Book ₹ 50,000.

(ii) Three cheques for ₹ 6,000; ₹ 3,937 and ₹ 1,525 issued in last week of July, 2023 were presented for payment to the Bank in August, 2023.

(iii) Two cheques of ₹ 500 and ₹ 650 sent to the bank for collection were not entered in the Pass Book by 31st July, 2023.

(iv) The bank charged ₹ 460 for its commission and allowed interest of ₹ 100 which were not mentioned in the Bank Column of the Cash Book.

[Balance as per Cash Book – ₹ 40,048.]

Solution:-