Bank Reconciliation Statement - Class 10 Elements Of Book Keeping And Accountancy - Extra Questions

On 1st January 2010, Rakesh had an overdraft of Rs 8,000 as showed by his cash book. Cheques amounting to Rs. 2,000 had been paid in by him but were not collected by the bank in January 1, 2010. 
He issued cheques of Rs.800 which were to presented to the bank for payment up to that day. There was a debit om his pass book of Rs. 60 for interest and Rs. 100 for bank charges. 
Prepare bank reconciliation statement for comparing both the balance.



From the following particulars,prepare a bank reconciliation statement as at March 31, 2010. 
i) Balance as per cash book,Rs.3,200.
ii) Cheque issued but not presented for payment, Rs.1,800.
iii) Cheque deposited but not collected upto March 31, 2010,Rs. 2,000.
iv) Bank charges debited by bank, Rs. 150.



Prepare bank reconciliation statement.
i) Overdraft shown as per cash book on December 31, 2010 Rs. 10,000.
ii) Bank charges for the above period also debited in the pass book Rs. 100.
iii) Interest on overdraft for six months ending December 31, 2010, Rs. 380 debited in the pass book.
iv) issued but not incashed prior to December 31, 2010 amounted to Rs. 2,150.
v) Interest on Investment collected by the bank and credited in the pass book, Rs. 600.
vi) Cheques paid into bank but not cleared before December, 31 2010 were Rs. 1,100.



Bank balance of Rs.40,000 showed by the cash book of Atul on December 31,2010.It was found that three cheques of Rs.2,000, Rs.5,000 and Rs.8,000 deposited during the month of December were not credited in the pass book till January 2,Two cheques of Rs. 7,000 and Rs,8,000 issued on December 28, were not presented for payment, till January 3, 2010.In addition to it bank had credited Atul for Rs.325 as interest and had debited him with Rs. 50 as bank charges for which there were no corresponding entries in the cash book. 
Prepare a bank reconciliation statement as on December 31, 2010. 



Balance as per pass book of Mr Kumar is 3,000.
i) Cheque paid into bank but not yet cleared Ram Kumar Rs 1000 & Kishore Kumar Rs 500.
ii) Bank Charges Rs.300
iii) Cheque issued but not presented Hameed Rs 2,000 & Kapoor Rs 500.
iv) Interest entered in the pass book but not entered in the cash book Rs 100.
Prepare Bank reconciliation statement.



On March 31,2010, the cash showed a balance of Rs.3,700 as cash at bank, but the bank pass book made up to same date showed that cheques for Rs. 700, Rs. 300, and Rs. 180 respectively had not presented for payment.Also, cheque amounting to Rs. 1,200 deposited into the account had not been credited.Prepare a bank reconciliation statement. 



Prepare bank reconciliation statement of Shri Bhandari as on December 31, 2010
i) The payment of a cheque for Rs.550 was recorded twice in the pass book.
ii) Withdrawal column of the pass book under cast by Rs.200.
iii) A Cheque of Rs.200 has been debited in the bank column of the cash book but it was not sent to bank at all.
iv) A cheque of Rs.300 debited to bank column of the pass book was not sent to the bank.
v) Rs. 500 in respect of dishonored cheque were entered in the pass book but not in the cash book.
Overdraft as per pass book is Rs. 20,000.



What is a bank overdraft ? 



Prepare Bank reconciliation statement as on December 31,On this day, the pass book of Mr. Himanshu showed a balance of Rs. 7,000.
i) Cgeque of Rs.1,00 directly deposited by a customer.
ii) The bank has credited Mr. Himanshu for Rs. 700 as interest.
iii) Cheques for Rs. 3000 were issued during the month of December but of these cheques for Rs.1,000 were not presented during the month of December.



Give one word or term or phrase which can substitute each of the following statement.
Statement showing the causes of disagreement between the balance of Cash Book and Pass book.



Give one word or term or phrase which can substitute each of the following statement.
A statement which is prepared so as to agree the bank balance as shown by the pass book with the bank balance as shown by the bank column of the cash book.



What is Bank Reconciliation Statement?



Raghav & Co have two bank accounts,Account No.I and Account No.II. From the following particulars relating to Account No.I, find out the balance on that account of December 31, 2010 according to the cash book of the firm.
i) Cheques paid into bank prior to December 31, 2010, but not credited for Rs. 10,000.
ii) Transfer of funds from Account No II to Account No I recorded by the bank, on December 31, 2010 but entered in the cash book after hat date for Rs.8,000.
iii) Cheques issued prior to December 31, 2010 but not presented until after that date for Rs. 7,429
iv) Bank charges debited by bank not entered in the cash book for Rs. 200.
v) Interest debited by the bank not entered in the cash book, Rs. 580.
vi) Overdraft as per pass book,Rs.18,990.



Prepare a bank reconciliation statement from the following particulars and show the balance as per cash book
i) Balance as per pass book on December 31, 2010 overdrawn Rs.20,000.
ii) Interest on bank overdraft not entered in the cash book Rs.2,000.
iii) Rs.200 insurance premium paid by bank has not been entered in the cash book.
iv) Cheques drawn in the last week of December,2010, but not cleared till date for Rs.3,000 and Rs.3,500.
v) Cheques deposited into bank on November, 2010 , but yet to be credited on dated December 31, 2010, Rs.6,000.
vi) Wrongly debited by bank,Rs.500.



Who prepares a Bank Reconciliation Statement?



Overdraft shown by the pass book of Mr. Murli is Rs. 20,Prepare bank reconciliation statement on dated December 31, 2010.
i) Bank charges debited as per pass book, Rs. 500
ii) Cheques recorded in the cash book but not sent to the bank for collection, Rs.2,500.
iii) Received a payment directly from customer, Rs. 4,600.
iv) Cheque issued but not presented for payment. Rs. 6,980.
v) Interest credited by the bank, Rs.100.
vi) LIC paid by bank, Rs.2,500.
vii) Cheques deposited with the bank but not collected, Rs. 3,500.



Prepare a bank reconciliation statement from the following particulars as on $$31^{st}$$ March, $$2018$$.
Particulars(Rs.)
Debit balance as per bank column of the cash book$$18,60,000$$
Cheque issued to creditors but not yet presented to the Bank for payment$$3,60,000$$
Dividend received by the bank but not entered in the Cash book$$2,50,000$$
Interest allowed by the Bank$$6,250$$
Cheques deposited into bank for collection but not collected by bank up to this date$$7,70,000$$
Bank charges not entered in Cash book$$1,000$$
A cheque deposited into bank was dishonoured, but no intimation received$$1,60,000$$
Bank paid house tax on our behalf, but no intimation received form bank in this connection$$1,75,000$$



On $$31-3-2020$$, Mahesh's Cash Book Showed a Bank overdraft of $$Rs. 98,700$$. On comparison he find the following: 

$$(1)$$ Out of the total cheques of $$Rs. 8,900$$ issued on $$27^{th}$$ March, one cheque of $$Rs. 7,400$$ was presented for payment on $$4^{th}$$ April and the other cheque of $$Rs.1,500$$ handed over to the customer, was returned by him and in lieu of that a new cheque of the same amount was issued to him on $$1^{st}$$ April. No entry for the return was made.

$$(2)$$ Out of total cash and cheques of $$Rs. 6,800$$ deposited in the Bank on $$24^{th}$$ March, one cheque of $$Rs. 2,600$$ was cleared on $$3^{rd}$$ April and the other cheque of $$Rs. 500$$ was returned dishonoured by the bank on $$4^{th}$$ April.

$$(3)$$ Bank charges $$Rs. 35$$ and Bank interest $$Rs. 2,860$$ charged by the bank appearing in the passbook are not yet recorded in the cash book.

$$(4) $$ A cheque deposited in his another account of $$Rs. 1,550$$ wrongly credited to this account by the bank.

$$(5)$$ A cheque of $$Rs. 800$$, drawn on this account, was wrongly debited in another account by the bank.

$$(6)$$ A debit of $$Rs. 3,500$$ appearing in the bank statement for an unpaid cheque returned for being 'out of date' had been re-dated and
deposited in the bank account again on $$5^{th}$$ April $$2020$$.

$$(7)$$ The bank allowed interest on deposit $$Rs. 1,000$$

$$(8)$$ A customer who received a cash discount of $$4\%$$ on his account of $$Rs. 1,00,000$$ paid on a cheque on $$20^{th}$$ March $$2020$$. The easier erroneously entered the gross amount in the bank column of the Cash Book. 

Prepare Bank Reconciliation Statement as on $$31-3-2020$$



The cash book shows a bank balance of Rs.7,On comparing the cash book with pass book, the following discrepancies were noted
i) Cheque deposited in bank not credited,Rs.3,000.
ii) Cheque issued but not yet present for payment,Rs.1,500.
iii) Insurance premium paid by the bank, Rs.2,000.
iv) Bank interest credit by the bank, Rs.400.
v) Bank charges,Rs.100.
vi) Directly deposited by a customer,Rs.4,000.



Explain the process of preparing bank reconciliation statement with amended cash balance.



From the following particulars prepare a bank reconciliation statement showing the balance as per cash book on December 31, 2010.
i) Two cheques of Rs 2,000 and Rs 5,000 were paid into bank in October, 2010 but were not credited by the bank in the month of December.
ii) A cheque of Rs 800 which was received from a customer was entered in the bank column of the cash book in December 2009 but was omitted to be banked in December, 2009.
iii) Cheques for Rs 10,000 were issued into bank in January 2010 but not credited by the bank on December 31,2010.
iv) Interest on investment Rs 1,000 collected by bank appeared in the pass book.
Balance as per pass book was Rs 50,000.



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



On comparing the cash book with pass book of Naman , it is found that on March 31, 2010, balance of Rs. 40,960 shown by the cash book differs from the bank balance with regard to the following 
i) Bank charges Rs.100 on March 31 ,2010, are not entered in the cash book.
ii) On March 21, 2010, a debtor paid Rs 2,000 into the company's bank in settlement of his account, but no entry was made in the cash book of the company in this respect.
iii) Cheque's totaling Rs 12,980 were issued by the company and duly recorded in the cash book before March 31, 2010, but had not been presented at the bank for payment until after that date.
iv) A bill for Rs 6,900 discounted with  the bank is entered in the cash book with recording the discount charges of Rs.800.
v) Rs 3,520 is entered in the cash book as paid into bank on March 31st, 2010, but not credited by the bank until the following day.
vi) No entry has been made in the cash book to record the dishonour of cheque. On March 15, 2010 of a cheque for Rs. 65- received from Bhanu.
Prepare a reconciliation statement as on March 31, 2010.



On December 31, 2010, the cash book of Mittal Bros showed on overdraft of Rs.6,From the following particulars prepare a Bank Reconciliation Statement and ascertion the balance as per pass book.
i) Debited by bank for Rs. 200 on account of Interest on overdraft and Rs.50 on account of charges for collecting bills.
ii) Cheques drawn but not encashed before December 31, 2010 for Rs.4,000.
iii) The bank has collected interest and credited Rs. 600 in pass book.
iv) A bill receivable for Rs.700 previously discounted with the bank had been dishonoured and debited in the pass book.
v) Cheques paid into bank but not collected and credited before December 31, 2010 amounted Rs.6,000. 



Kumar find that the bank balance shown by his cash book on December 31, 2010 is Rs. 90,600 (Credit) but the pass book shows a difference due to the following reason.
A cheque (post dated) for Rs. 1,000 has been debited in the bank column of the cash book but not presented for payment.Also, a cheque for Rs.8,000 drawn in favour of Manohar has not yet been presented for payment. Cheques totaling Rs. 1,500 deposited in the bank not yet been collected and cheque for Rs, 5,000 has been dishonoured. 



On 31st March, 2018, Bank Statement of Dinesh showed a credit balance of Rs. 15,650 whereas the Cash Book showed debit balance of Rs. 15,The reasons for differences were:
(i) Cheques issued to roshan for rs. 6,000 and to Daniel for Rs. 3,840 were not presented for payment.
(ii) Bank charged Rs. 350 for bank charges, which was not recorded in the Cash Book.
(iii) Nitesh directly deposited Rs. 8,160 into the Bank Account of the trader which was not entered in the Cash Book.
(iv) Two cheques one from Shyam for Rs. 5,150 and another from Kailash for Rs. 12,500 were collected by bank in the first week of April, 2018 although they were banked on 25th March, 2018.
(v) Interest credited by bank was Rs. 450, which was not recorded in the Cash Book.



Following facts relate to the business of Roshan who requires you to reconcile his Cash Book with the Pass Book balance:
Balance as per Cash Book (Cr.) - Rs. 2,800
Unpresented cheques - Rs. 3,440
Uncredited cheques - Rs. 2,260
Additional information:
(a) Debit side of the Cash Book (bank column) has been undercast by Rs. 500.
(b) A cheque of Rs. 200 paid to a creditor has been entered by mistake in the Cash Book.
(c) Bank charges Rs. 80 have not been entered in the Cash Book.



On 31st March, 2018, the Cash Book of Rohan showed an overdraft of Rs. 5,600.
From  the following particulars, prepare Bank reconciliation Staetment:
(i) Cheques issued but not credited before 31st March, 2018 amounted to Rs. 3,964.
(ii) Cheques deposited into the bank but not credited before 31st March, 2018 amounted to Rs. 4,891.
(iii) A Bill Recievable for Rs. 520 previously discounted with the bank had been dishonoured and bank charges debited in the pass book amounted to Rs. 55
(iv) Debit is made in the Pass Book for Rs. 120 on account of interest on overdraft.
(v) The bank  has collected interest on investment and credited Rs. 760 in the Pass Book.



On 31st March, 2018, Bank Statement of a merchant shows a credit balance of Rs. 33,750 whereas Cash Book showed debit balance of Rs. 50,000.
It was observed that the difference were because of the following:
(i) Cheques and drafts sent to the bank but not collected and credited, amounted to Rs. 7,900 and three cheques drawn for rs. 3,000; Rs. 1,500 and Rs. 2,000 respectively were not presented for payment till 30th April, 2018.
(ii) Bank has paid a bill payable amounting to Rs. 10,000 but it has not been entered in the Cash Book and a bill receivable of Rs. 5,000 which was discounted with the bank was dishonoured by the drawee on the due date.
(iii) Bank has charged Rs. 130 as its commission for collecting outstation cheques and had credited an interest of Rs. 100 in the account.
Prepare Bank Reconciliation Statement as on 31st March, 2018



Prepare Bank Reconciliation Statement from the following particulars as on 31st March, 2018.
Bank Statement showed favourable balance of Rs. 9,214.
(i) On 29th March, 2018 bank credited a sum of Rs. 1,650 in error.
(ii) Certain cheques valued at Rs. 4,500 issued before 29th March, 2018 were not cleared.
(iii) A hire purchase payment of Rs. 950, made by standing order was not entered in the cash book.
(iv) A cheque of Rs. 600 received, deposited and credited by bank, was accounted as a receipt in the cash column of the cash book.
(v) Other cheques for Rs. 8,500 were deposited in the last week of March but cheques of Rs. 6,000 only were collected by the bank.



On 31st March, 2018, Pass Book of Shri Rajendra shows a debit of Rs. 10,From the following, prepare Bank econciliation Statement:
(i) Cheques amounting to Rs. 8,000 drawn onn 25th March, 2018 of which cheques of Rs. 5,000 were encashed on 2nd April, 20418.
(ii) Cheques paid into the bank for collection Rs. 5,000 but cheques of Rs. 2,200 could only be collected in March, 2018.
(iii) Bank charges Rs. 25 and dividend of Rs. 350 on investment collected by the bank could not be shown in the Cash Book.
(iv) A bill of Rs. 10,000 was retired by the bank under rebate of 150 but the full amount was credited in the Cash Book.



The Bank Column of Mukesh's Cash Book as on 31st March, 2018 showed an overdraft of Rs. 1,80,His Bank Statement Showed an overdraft of Rs. 1,13,Prepare Bank Reconciliation Statement taking the following into account:
(i) Cheque deposited into bank but entry is not passed in the Cash Book. Rs. 3000.
(ii) Cheque received and entered into the Cash Book but was not sent to bank. Rs. 10,000.
(iii) Credit side of the Bank column casted short by Rs. 1,000
(iv) Insurance premium paid directly by the bank under standing instructions was not recorded in the Cash Book. Rs. 5,000
(v) Bank charges entered in the Cash book twice. Rs. 100
(vi) Cheque 'received' returned on technical grounds but entry was not passed. Rs. 4,000
(vii) Cheque 'issued' returned on technical grounds but entry was not passed. Rs. 3,000
(viii) Bill discounted dishonoured. Rs. 40,000
(ix) Bills Recievable directly collected by the bank. Rs. 20,000
An amount of Rs. 1,00,000 being collection of Mahesh's cheque was wrongly credited to the account of Mukesh by the bank in his bank statement.



(i) On 31st March, 2018, the bank pass book of Radh showed a credit balance of Rs. 15,000. 
(ii) Before that date, she had issued cheques amounting to RS. 8,000 out of which cheques Rs. 3,200 were presented for payment.
(iii) A cheque of Rs. 2,200 deposited by her into the bank on 26th March, 2018 is not yet credited in the pass book.
(iv) She had also received a cheque of Rs. 500 which although entered by her in ther bank column of Cash Book, was omitted to be paid into the bank.
(v) On 30th March, 2018, a cheque of Rs. 1,570 received by her was paid into the bank but the same was omitted to be entered in the cash book.
(vi) There was a credit of Rs. 150 for interest on Current account and a debit of Rs. 25 for bank charges.
Prepare Bank Reconciliation Staement.



On 31st March, 2018 Pass Bok of Shri Rajendra shows a debit of Rs. 10,From the following, prepare bank Reconciliation statement.
(i) Cheques amounting to Rs. 8,000 drawn on 25th March, 2018 of which cheques of Rs. 5,000 were encashed on 2nd April, 2018.
(ii) Cheques paid into the bank for collection Rs. 5,000 but cheques of Rs. 2,200 could only be collected in March, 2018.
(iii) Bank charges Rs. 25 and dividend of Rs. 350 on investments collected by the bank could not be shown in the cash book.
(iv) A bill of Rs.10,000 was retired by the bank under rebate of Rs. 150 but the full amount was credited in the cash book.



Comparing Ram's Cash Book with the Bank Statement of his overdraft account for the month of November, 2017, find the following:
(i) Cash Book showed an overdraft of Rs. 45,000.
(ii) The payment side of the cash book had been undercast by 1,500.
(iii) A cheque for Rs. 7,500 drawn on his current account.
(iv) Cheques amounting to Rs. 70,000 drawn and entered in the Cash Book have not been presented.
(v) Cheques amounting to Rs. 60,000 sent to the bank for collection, which though entered in the cash book have not been credited by bank.
(vi) Bank charges of Rs. 750 as per Bank Statement have not been recorded in the cash book.
(vii) Dividends amounting to Rs, 35,000 have been paid directly into the bank and not entered in the Cash Book.
You are required to prepare Bank Reconciliation Statement on 30th November, 2017.



Bank column of the cash book showed a debit balance of Rs. 49,000 on 30th June,Bank Statement or Pass Book showed a credited balance of Rs. 37,Entries in the Cash Book and Pass book were compared and gthe following difference were noticed:
(i) Cheques of Shyam Rs. 9,000 and of Mohan Rs. 15,000 were deposited but were not collected up to 30th June, 2017.
(ii) Ramesh, a debtor, deposited a cheque of Rs. 8,000 directly into the bank.
(iii) Bank allowed an interest of Rs. 500.
(iv) Cheque for Rs. 10,000 issued to Ramesh was not presented for payment.
(v) Bank debited the account by Rs. 6,000, being insurance premium paid as per standing instructions.
(vi) Bank debited the account by Rs. 100, being bank charges.
You are required to prepare a Bank Reconciliation Statement as on 30th June, 2017.



(Overdraft as per cash Book). Prepare Bank Reconciliation Statement as on 30th June, 2017 for Jyoti Sales Private Limited from the information given below:

                                                                                                                                          Rs.
(i) Bank overdraft as per Cash Book on 30th June, 2017.                                           1,10,450
(ii) Cheques issued on 20th June, 2017 but not yet presented                                       15,000
(iii) Cheques deposited but not yet credited by the bank.                                              22,750
(iv) Bills sent for collection not advised by the bank but credited to the account.        47,200
(v) Interest debited by the bank on 27th June, 2017 but no advice received.                12,115
(vi) Subsidy received from the authorities by the bank on our behalf, credited to the 
account.                                                                                                                           2,000
(vii) Amount wrongly debited by the bank.                                                                   2,400
(viii) Amount wrongly credited by bank.                                                                      5,000



From the following information ascertain the balance that would appear in the bank pass book of A on 31st March, 2018:
(i) Bank overdraft of Rs. 63,400 as per cash book on 31st March, 2018.
(ii) Interest on overdraft for 6 months ended 31st March, 2018, Rs. 1,600 entered in  the pass book and not recorded in cash book.
(iii) Bank charges of Rs. 300 for the above period are debited in the Pass Book and not recorded in Cash Book.
(iv) Cheques issued but not presented for payment prior to 31st March, 2018, amounted to Rs. 11,680.
(v) Cheques deposited in the bank but not collected before 31st March, 2018 were for Rs. 21,700.
(vi) Interest on investments collected by the bank and credited in the Pass Book, Rs. 12,000.
(vii) Credit side of the Bank column of the Cash Book was undercast by Rs. 1,000.



From the following information, prepare Bank Reconciliation Statement as on 31st March, 2018:
(i) Balance (Debit) as per Cash Book as on 31st March, 2018 Rs. 12,000.
(ii) Balance (Credit) as per Bank Statement as on the date Rs. 16,500.
(iii) Out of the total cheques issued amounting to Rs. 10,000, cheques of Rs. 3,000 were debited by Bank in March, 2018, cheques of RS. 4,000 were debited in april, 2018 and the rest have not been presented yet.
(iv) Out of the total cheques eddeposited amounting to Rs. 5,000, cheques of Rs. 1,500 were credited by bank in March, 2018, and balance cheques were credited in April,2018.
(v) Bank had debited Rs. 100 as bank charges and had credited Rs. 200 as interest.
(vi) A cheque paid to S Ltd. for Rs. 3,400 had been entered in the Cash Book as Rs. 4,300.



Class 10 Elements Of Book Keeping And Accountancy Extra Questions