Solution of Q 11 Bank Reconciliation Statement TS Grewal Class 11 (2023-24) CBSE
Step-by-step solution of Question 11, Chapter 13 Bank Reconciliation Statement, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.
Question 11
Bank Statement of a customer shows bank balance of ₹ 62,000 on 31st March, 2023. On comparing it with the Cash Book the following discrepancies were noted:
- (i) Cheques were paid into the bank in March, 2023 but were credited in April, 2023: P—₹ 3,500; Q—₹ 2,500; R—₹ 2,000.
- (ii) Cheques issued in March, 2023 were presented in April, 2023: X—₹ 4,000; Q—₹ 4,500.
- (iii) Cheque for ₹ 1,000 received from a customer entered in the Cash Book but was not banked.
- (iv) Pass Book shows a debit of ₹ 1,000 for bank charges and credit of ₹ 2,000 as interest.
- (v) Interest on investment ₹ 2,500 collected by the bank appeared in the Pass Book.
Prepare Bank Reconciliation Statement showing the balance as per Cash Book on 31st March, 2023.
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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