Solution of Q 3 Bank Reconciliation Statement TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 3, Chapter 13 Bank Reconciliation Statement, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 3
On 31st December, 2022, bank column of the Cash Book of Gurman showed balance of ₹ 12,000 but the Pass Book showed a different balance due to the following reasons:
- (i) Cheques paid into the bank ₹ 8,000 but out of these only cheques of ₹ 6,500 credited by bank.
- (ii) The receipts column of the Cash Book undercast by ₹ 200.
- (iii) On 29th December, a customer deposited ₹ 3,000 directly in the Bank Account but it was entered in the Pass Book only.
- (iv) Cheques of ₹ 9,200 were issued of which ₹ 2,200 were presented for payment on 15th January, 2023.
- (v) Pass Book shows a credit of ₹ 330 as interest and a debit of ₹ 60 as bank charges.
- (vi) The bank had wrongly debited the account of Gurman by ₹ 2,000, which was rectified after 31st December, 2022.
Prepare Bank Reconciliation Statement as on 31st December, 2022.
Solution
All questions of Chapter 13
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About this solution
This is Chapter 13 Bank Reconciliation Statement of TS Grewal Edition 2023-24.
Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.
We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.
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