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Adjusting the cash book before preparing the bank reconciliation statement is compulsory.

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प्रश्न

Adjusting the cash book before preparing the bank reconciliation statement is compulsory.

विकल्प

  • Yes

  • No

MCQ
सत्य या असत्य
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उत्तर

Adjusting the cash book before preparing the bank reconciliation statement is compulsory- No

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Bank Reconciliation Statement - Very short answer questions [पृष्ठ १७२]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
अध्याय 8 Bank Reconciliation Statement
Very short answer questions | Q II 6. (b) | पृष्ठ १७२

संबंधित प्रश्न

From the following information, prepare bank reconciliation statement to find out the bank statement balance as on 31st December, 2017.

Particulars
1. Balance as per cash book 15,000
2. Cheques deposited but not yet credited 1,000
3. Cheques issued and entered in the cash book before 31st December 2017 but not presented for payment until that date 1,500
4. Dividend directly received by bank 200
5. Direct payment made by bank for rent 1,000
6. Locker rent charged by the bank not recorded in cash book 1,200
7. Wrong debit given by the bank on 30th December 2017 500
8. A payment made through net banking has been entered twice in the cash book 300

From the following particulars of Simon traders, prepare a bank reconciliation statement as on 31st March, 2018.

  1. Debit balance as per bank statement ₹ 2,500
  2. Cheques deposited amounting to ₹ 10,000, not yet credited by bank.
  3. Payment through net banking for ₹ 2,000, omitted in the cash book

Briefly explain the term favourable balance as per cash book


What is a bank reconciliation statement? Why is it prepared?


From the following particulars, prepare a, bank reconciliation statement as at March 31, 2017.
(i) Balance as per cash book ₹ 3,200.
(ii) Cheque issued but not presented for payment ₹ 1,800.
(iii) Cheque deposited but not collected upto March 31, 2017 ₹ 2,000.
(iv) Bank charges debited by bank ₹ 150.


Bank balance of ₹ 40,000 showed by the cash book of Atul on December 31, 2016. It was found that three cheques of ₹ 2,000, ₹ 5,000 and ₹ 8,000 deposited during the month of December were not credited in the passbook till January 02, 2017. Two cheques of ₹ 7,000 and ₹ 8,000 issued on December 28 were not presented for payment till January 03, 2017. In addition to it bank had credited ₹ 325 as interest and had debited him with ₹ 50 as bank charges for which there were no corresponding entries in the cash book.
Prepare a bank reconciliation statement as on December 31, 2016.


Prepare bank reconciliation statement as on December 31, 2017. This day the passbook of Mr. Himanshu showed a balance of ₹ 7,000.

  1. Cheques of ₹ 1,000 directly deposited by a customer.
  2. The bank has credited Mr. Himanshu for ₹ 700 as interest.
  3. Cheques for ₹ 3,000 were issued during the month of 
    December but of these cheques for ₹ 1,000 were not presented during the month of December.

The passbook of Mr. Mohit current account showed a credit Balance of ₹ 20,000 on dated December 31, 2016. Prepare a Bank Reconciliation Statement with the following information.
(i) A cheque of ₹ 400 drawn on his saving account has been shown on current account.
(ii) He issued two cheques of ₹ 300 and ₹ 500 on of December 25, but only the 1st cheque was presented for payment.
(iii) One cheque issued by Mr. Mohit of ₹ 500 on December 25, but it was not presented for payment whereas it was recorded twice in the cash book.


The passbook of Mr. Randhir showed an overdraft of ₹ 40,950 on March 31, 2017.
Prepare bank reconciliation statement on March 31, 2017.
(i) Out of cheques amounting to ₹ 8,000 drawn by Mr. Randhir on March 27, a cheque for ₹ 3,000 was encashed on April 2017.
(ii) Credited by bank with ₹ 3,800 for interest collected by them, but the amount is not entered in the cash book.
(iii) ₹ 10,900 paid in by Mr. Randhir in cash and by cheques on March, 31 cheques amounting to ₹ 3,800 were collected on April, 07.
(iv) A Cheque of ₹ 780 credited in the passbook on March 28 being dishonoured is debited again in the passbook on April 01, 2017. There was no entry in the cash book about the dishonour of the cheque until April 15.


From the following particulars, prepare a bank reconciliation statement as at March 31, 2017.

  1. Balance as per cash book ₹ 3,200
  2. Cheque issued but not presented for payment ₹ 1,800
  3. Cheque deposited but not collected upto March 31, 2014 ₹ 2,000
  4. Bank charges debited by bank ₹ 150

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