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Solution of Q 4 Bank Reconciliation Statement TS Grewal Class 11 (2023-24) CBSE

Question 4 of 29Chapter 13Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 4, Chapter 13 Bank Reconciliation Statement, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 4

Cash Book of John shows a balance of ₹ 12,500. On comparing the Cash Book with the Pass Book, following discrepancies were noted:

  1. (i) Cheques issued but not yet presented for payment ₹ 6,000.
  2. (ii) Cheques deposited in the bank but not collected ₹ 9,000.
  3. (iii) Bank paid insurance premium ₹ 5,000.
  4. (iv) Bank charges ₹ 300.
  5. (v) Directly deposited by a customer ₹ 8,000.
  6. (vi) Interest on investment collected by bank ₹ 2,000.
  7. (vii) Cash discount allowed of ₹ 200 was recorded on the debit side of the Bank column.

Prepare Bank Reconciliation Statement.

TS Grewal Class 11 Bank Reconciliation Statement Question 4 part 1
TS Grewal Class 11 Bank Reconciliation Statement Question 4 part 2

Solution

Solution of Q 4 Bank Reconciliation Statement TS Grewal 2023-24
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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.

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