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Solution of Q 8 Bank Reconciliation Statement TS Grewal Class 11 (2023-24) CBSE

Question 8 of 29Chapter 13Class 11 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 8, Chapter 13 Bank Reconciliation Statement, TS Grewal Class 11 Accountancy 2023-24 for the CBSE Board.

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Question 8

A Bank Reconciliation Statement is prepared as on 31st March, 2023 starting with debit balance as per Cash 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:

  1. (i) Bank had wrongly debited the account by ₹ 25,000 on 1st March, 2023 and reversed on 3rd April, 2023.
  2. (ii) Receipts Side of the Cash Book was overcast by ₹ 500.
  3. (iii) Payments Side of the Cash Book was overcast by ₹ 5,000.
  4. (iv) Receipts Side of the Cash Book was undercast by ₹ 5,000.
  5. (v) Payments Side of the Cash Book was undercast by ₹ 20,000.
  6. (vi) Cheque for ₹ 10,000 issued but was not recorded in the Cash Book.
  7. (vii) A cheque of ₹ 5,000 deposited was not recorded in the Cash Book.
TS Grewal Class 11 Bank Reconciliation Statement Question 8 part 1
TS Grewal Class 11 Bank Reconciliation Statement Question 8 part 2

Solution

Solution of Q 8 Bank Reconciliation Statement TS Grewal 2023-24 part 1
Solution of Q 8 Bank Reconciliation Statement TS Grewal 2023-24 part 2
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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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