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, asked on 14/3/18
Q 12. On 31st December, 2016, the cash book of XYZ Bros showed an overdraft of Rs 69,200. From the following particulars make a bank reconciliation statement and ascertain the balance as per pass book
i) Debited by bank for Rs 2,000 on account of interest on overdraft and Rs 5000 on account of charges for collecting bills.
ii) Cheques drawn but not cashed before 31st December, 2016 in pass book.
iii) The bank has collected interest and has credited Rs 6,000 in pass book.
iv) A bills receivable for Rs 7,000 previously discounted with the bank had been dishonoured and debited in the pass book.
v) Cheques paid into bank but not collected and credited before 31st December, 20166 amounted to Rs 60,000.
, asked on 5/3/18
Q4. Prepare Bank Reconciliation Statement as on 31
(i) Debit balance as per pass Block Rs.56,000.
(ii) Cheques of Rs. 18,000 drawn, out of which cheques of Rs. 7,000 presented on 4
April and Rs.3,000 on 3
(iii) Credit side of cash book overcast by Rs. 1800.
(iv) A cheque of Rs. 11,000 drawn on their current A/c has been recorded as drawn on saving A/c.
(v) A cheque of Rs. 85,000 issued to creditor, has been entered in Cash Book as 58.000.
(vi) A bill of Rs. 8,500 discounted with the bank is entered in Cash book without recording the discounting charges of Rs. 600.
(vii) Cheque received from a Debtor recorded in Cash column of Cash book and omitted to be banked.
, asked on 16/2/18
Answers to this ASAP
Q7. The Bank balance of a Trader as reported by his Bank branch had shown an unfavourable balance of Rs.11000 stood at 31.10.15 which does not match with the balance as shown by traders book. Later following observations were identified ;-
i) Cheques issued to suppliers during Oct totalling 13500 was presented for payment on 4.11.15 and of these, banker dishonoured on cheque of Rs. 4000 in technical reason.
ii) A customer's direct deposit in the traders bank of Rs. 2,700 had credited by bank in other trader's pass book and the customer informed the trader on 20/08/10
iii) While carrying forward, a credit balance of Rs. 5,300 from on page to another. It has been posted as Debit Balance as Rs. 3,500 by the trader.
iv) Payment column has been under casted by Rs.1200 in pass book and received column has been cover casted by Rs. 1100 in cash book.
v) Bank charges made by bank of Rs. 2,500 was rewarded in Traders book as bank interest of Rs.500 only.
vi) A balance transfer of Rs. 6500 was made by the bank from trader's A/C to his daughter's A/c but recorded reversely by the trader's Accountant.
vii) During October, out of total cheques deposited in the bank of Rs. 28,600, cheques of Rs.13,100 was realised by bank upto 31/10 and a cheque of Rs.3,200 was dishonourd by bank for which no information was given to the trader.
Prepare BRS on 31/10/15 with proper amendment in the Cash Book
, asked on 7/2/18
Plz give the solution as soon as possible
, asked on 20/1/18
Solveq no 9
Q9. i) On 31
March, 2016 the Bank pass Book of Raman showed a balance of Rs. 15,000 to his credit.
ii) Before that date, he had issued cheques amounting to Rs. 8,000 out of which cheques amounting to Rs.3200 have so far been presented for payment.
iii) A cheque of Rs. 2200 deposited by him into the Bank on 26
March , 2016 as not yet credited in the pass book.
iv) He had also received a cheque of Rs. 500 which although entered by him in the bank column of cash book was omitted to be paid into the bank. Prepare a Bank Reconciliation statement as on 31.3.16.
, asked on 18/12/17
Prepare BRS as on 31/03/2015 from the following transactions:
a. Bank balance as per Pass Book Rs. 10000
b. Cheque deposited into bank but no entry was passed in cash book Rs. 500
c. Cheque received and entered in cash book but not send to bank Rs. 1200
d. Insurance premium paid directly by the bank Rs. 800
e. Bank Charges entered twice in the cash book Rs. 20
f. Cheque received entered twice in the cash book Rs.1000
g. Bill discounted dishonoured not recorded in the cash book Rs. 5000.
, asked on 5/12/17
Plz provide the answer for q 13 and q 14
Q. 13 Prepare Bank Reconciliation Statement of Sohan on 30
June, 2008 with e o particulars:
a) Pass book showed an overdraft of Rs. 15,000 on 30
b) A cheque of Rs. 200 was deposited in bank but not recorded in cash book
c) Cheques of Rs.17,000 were issued but cheques worth Rs. 10,000 only were presented for payment upto 30
d) Cheques of Rs- 2,000 were received, recorded in cash book but not sent to bank.
e) Cheques of Rs10,000 were sent to bank for collection.Out of these,cheques of Rs.2,000 and of Rs. 1,000 were credited respectively on 8
July and 10
f) Rs.40 for bank charges were recorded two times in cash book.
Q. 14 Rectify the following errors :
a) Supreeti was paid cash Rs.2,800 but Jyoti was debited by Rs. 2,000.
b) Tables and chairs purchased for Rs.5,000 debited to purchases account.
c) Machinery was written off by Rs. 1,000 has not been posted to depreciation a/c.
d) Wages amounting to Rs.7,000 for machinery erection was debited to purchases a/c.
e) Goods purchased forRs. 1,000 for proprietors' use was debited to purchases a/c.
f) Goods purchased for Rs. 5,000 were posted as Rs. 500 to purchases account.
, asked on 5/12/17
Please. Provide me with the solution of question no. 13 with explanation .please please fast
Q.13. Prepare BRS as on 31st March from the following particulars. (6)
(a) Balance as per cash book Rs 7500 (Credit balance).
(b) Interest debited by bank Rs 360.
(c) Cheque received from Pratap Rs 3700 was dishonored and entered only in the pass book.
(d) Cheque amounting Rs 48000 deposited during the month of March out of which cheque amounting Rs 5000 were credited by the bank in April 2015 .
(e)A cheque of Rs 5400 debited in the cash book was omitted to be banked.
(f) Interest collected by bank Rs 460.
Anant Bharti Raikwar
, asked on 31/10/17
Cheque entered in cash book but not banked means
, asked on 12/9/17
Plz answer question no.23 fast
Q23. Prepare a Bank Reconciliation Statement of Mr. Divij Jain on 31 May 2017 from the following:
(i) Dr. Balance as per Pass Book Rs. 50,000.
(ii) Cheque issued to Mr. Himesh Rohatgi for Rs.2,000 not entered in Cash Book.
(iii) Mr. Dhanraj (debtor) deposited an amount of Rs. 1,000 directly into the bank account of Mr.Divij Jain.
(iv) Cheque received from Mr. Dhruv Guleria for Rs. 6,000 entered in cash book but not sent to bank.
(v) There was a credit in the pass book for Rs.600 and another credit of Rs.200 for interest.
(vi) Bank charges Rs. 500 entered twice in the cash book
, asked on 9/9/17
On 31st March, 2004 the Pass Book of Mr. Patel showed a credit balance ₹ 9,500. A comparison of Pass Book and Cash Book revealed the following. 1. Cheques deposited but not yet cleared by 31st March, 2004 ₹ 2,500. 2. Insurance premium paid by the bank on behalf of Patel but not recorded in the Cash Book ₹ 300. 3. Cheques issued by Patel but not presented for payment before 31st March, 2014, ₹ 4,000. 4. Bank commission not yet recorded in the Cash Book ₹ 50. 5. Interest on bonds collected by the bank of Patel not yet recorded in the Cash Book ₹ 800. From the above particulars prepare a Bank Reconciliation Statement as on 31st Mar., 04.
, asked on 7/9/17
Q5. From the following information, prepare a Bank Reconciliation Statement as at 31-12- 03. 1. Bank balance as per Cash Book ₹ 15,000. 2. Cheques amounting to ₹ 6,000 were paid into the Bank on 27th December of which only ₹ 2,000 was credited by the Bank in the Pass Book upto 31st December, 2003. 3. Cheques of ₹ 8,000 were issued but out of them only one cheque of ₹ 5,000 was presented for payment upto 31st Dec. 2003. 4. A customer deposited ₹ 7,000 to our Bank A/c but intimated us on 5th Jan. 2004.
, asked on 6/9/17
Given: Overdraft balance as per cash book.
1) There is a debit in the passbook of Rs10 for back charges and Rs50 for interest.
2) A customer directly paid into his bank Rs1000, but it wasn't shown in the Cash Book.
3) Bank has padi insurance premium of Rs400 according to his standing instruction, this isn't recorded in the Cash Book.
Please tell me whether to deduct or add in each case
, asked on 17/8/17
a firm should write footnotes - tell the principle involved
, asked on 13/8/17
From the following situations, prepare a brs on 31st Dec,2016
1. On 31st Dec,2016, overdraft balance as per the bank column of the CB Rs.17000
2. Cheques amounting to Rs.5000 were paid into the bank but from these only Rs.2200 were credited in the PB within the date.
3. Another cheque of Rs.3000 have been debited to the bank column of the CB but the cheque was not recorded in PB.
4. During the month, three cheques totalling Rs.8000 were issued but a cheque of Rs.2000 was encashed after 31st Dec,2016.
5. A debtor of Mohan directly deposited Rs.7500 into bank account. But there was no record of the same in the CB.
6. Bank charges of Rs.240 recorded twice in the PB, while it was correctly recorded in the CB.
7.On 31st Dec 2016, dividend was collected by the bank of Rs.900 and credited in the PB but this was not recorded in the CB.
8. A cheque for Rs.1600 received from Suresh was dishonoured but this was not recorded in the CB.
9. The PB was debited with Rs.200 for interest but the same was not entered in the CB.
10. He withdrew Rs.2000 from the bank but this was not recorded in the CB.
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