Solution of Q 24 Bank Reconciliation Statement TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 24, Chapter 13 Bank Reconciliation Statement, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 24
On checking the Bank Pass Book it was found that it showed an overdraft of ₹ 5,220 as on 31st March, 2023, while as per Ledger it was different. The following differences were noted:
- (i) Cheques deposited but not yet credited by the bank ₹ 6,000.
- (ii) Cheques dishonoured and debited by the bank but not given effect to it in the Ledger ₹ 800.
- (iii) Bank charges debited by the bank but Debit Memo not received from the bank ₹ 50.
- (iv) Interest on overdraft excess credited in the Ledger ₹ 200.
- (v) Wrongly credited by the bank to account, deposit of some other party ₹ 900.
- (vi) Cheques issued but not presented for payment ₹ 400.
Show the balance as per the Cash Book.
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.
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