+2 votes
in Class 11 by kratos

From the following particulars, you are required to ascertain the bank balance as would appear in the Cash Book of Ramesh as on 31st October, 2017:
(i) Bank Pass Book showed an overdraft of Rs. 16,500 on 31st October.
(ii) Interest of Rs. 1,250 on overdraft up to 31st October, 2017 has been debited in the Bank Pass Book but it has not been entered in the Cash Book.
(iii) Bank charges debited in the Bank Pass Book amounted to Rs. 35.
(iv) Cheques issued prior to 31st October, 2017 but not presented till that date, amounted of Rs. 11,500.
(v) Cheques paid into bank before 31st October, but not collected and credited up to that date, were for Rs. 2,500.
(vi) Intrest on investment collected by the bankers and credited in the Bank Pass Book amounted to Rs. 1,800.

1 Answer

+3 votes
by kratos
 
Best answer

Bank Reconciliation Statement as on October 31,2017

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