Solution of Q 14 Bank Reconciliation Statement TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 14, Chapter 13 Bank Reconciliation Statement, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 14
Bank Reconciliation Statement is prepared as on 31st March, 2023 starting with credit balance as per Bank Pass 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 allowed interest and credited the account by ₹ 5,000.
- (ii) Cheque of ₹ 10,000 deposited by a customer in the bank was not recorded in Cash Book.
- (iii) Bank Charges charged by the bank ₹ 5,000.
- (iv) Cheques of ₹ 25,000 issued not recorded in the Cash Book were paid and debited to the account by the bank.
- (v) Receipts Side of the Cash Book was overcast by ₹ 2,000.
- (vi) Payments Side of the Cash Book was undercast by ₹ 5,000.
Solution
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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.
Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.
Where is the answer
Hi, We are working on the TS Grewal Solutions 2023 edition, In few days, we will update the solutions. You can check the solution of all chapters and Questions here in 2022 edition.
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