1. ASSIGNMENT ON BANK RECONCILIATIONSTATEMENT
1. XYZ Enterprises had a bank balance of Rs. 26,400 as per Cash Book on 31st
December, 2010
whichdidnot tallywithbalance asperPass Book.The followingwerereasonsof difference:
a) Chequesissuedbutnot presentedforpayment –Rs.14,300
b) ChequesdepositedbutnotcreditedbyBank – Rs.23,500
c) Bank InterestnotrecordedinCashBook – Rs.460
d) Bank ChargesnotrecordedinCash Book –Rs. 30
You are requiredtofindoutbalance asper PassBook as on31st
December,2010.
2. Surya Industries has a current account with PNB. As on 31st
March, 2010 the Pass Book showed
balance of Rs. 45,243. The followingdifferenceswerenoticed-
a) Bank had paid LIC premium of Rs. 3,460 on standing instructions. This was not
recordedincash book.
b) Bank Chargeschargedby the Bank- Rs. 340.
c) Cheques of Rs. 34,500 were deposited in the bank in March, 2010 but out of these
chequesworthRs.23,600 were creditedinthe bankaccount inApril,2010.
d) Cheques worth Rs. 34,200 were issued in March, 2010 out of which cheques worth
Rs. 23,500 were presented for payment in the same month. The remaining cheques
were presentedinthe nextmonth.
You are requiredtofindoutbalance asper CashBook as on 31st
March, 2010.
3. ZED ROLLERS had a bank overdraft of Rs. 12,340 as per Cash Book on 31st
December, 2009
whichdidnot tallywithbalance asperPass Book.The followingwerereasonsof difference:
e) Chequesissuedbutnotpresentedforpayment –Rs.25,550
f) ChequesdepositedbutnotcreditedbyBank – Rs.34,760
g) Bank Interestchargedbybankbut notrecordedinCash Book – Rs.1,230
h) Bank ChargesnotrecordedinCash Book –Rs. 380
You are requiredtofindoutbalance asper PassBook as on31st
December,2009.
4. Surya Industries has a cash credit (limit) account with SBI. As on 31st
March, 2010 the Pass Book
showedoverdraftof Rs.1,34,500. The followingdifferenceswere noticed-
e) Bank had paid Municipal Taxes of Rs. 23,500 on standing instructions. This was not
recordedincash book.
f) Bank Chargeschargedby the Bank- Rs. 2,440.
g) Cheques of Rs. 1,38,600 were deposited in the bank in March, 2010 but out of these
chequesworthRs.43,400 were creditedinthe bankaccount inApril,2010.
h) Cheques worth Rs. 2,34,700 were issued in March, 2010 out of which cheques
worth Rs. 1,37,700 were presented for payment in the same month. The remaining
chequeswere presentedinthe nextmonth.
You are requiredtofindoutbalance asper CashBook as on 31st
March, 2010.