Solution of Q 26 Bank Reconciliation Statement TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 26, Chapter 13 Bank Reconciliation Statement, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 26
From the following particulars, you are required to ascertain the bank balance as would appear in the Cash Book of Ramesh as on 31st October, 2022:
- (i) Bank Pass Book showed an overdraft of ₹ 16,500 on 31st October.
- (ii) Interest of ₹ 1,250 on overdraft up to 31st October, 2022 has been debited in the Bank Pass Book but it has not been entered in the Cash Book.
- (iv) Cheques issued prior to 31st October, 2022 but not presented till that date, amounted to ₹ 11,500.
- (v) Cheques paid into bank before 31st October, but not collected and credited up to that date, were for ₹ 2,500.
- (vi) Interest on investment collected by the bankers and credited in the Bank Pass Book amounted to ₹ 1,800.
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.
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