CLASS-XI

ACCOUNTANCY
Time Allowed: 1 Hr. Maximum Marks: 30
General Instructions:
1. All questions are compulsory.
2. All parts of the questions should be attempted at one place.
3. Make formats neatly. Avoid cutting & overwriting.
4. Give working notes, wherever necessary.

1) Rim Zim Ltd. maintains a current account with the State Bank of India. On 31st March 2017, the
bank column of its cash book showed a debit balance of ₹ 1,54,300. However, the bank statement
showed a different balance as on that date. The following were the reasons for the difference.
Particulars ₹
(i) Cheques deposited, but not yet credited by the bank 75,450
(ii) Cheques issued, but not yet presented for payment 80,760
(iii) Bank charges not yet recorded in the cash book 1,135
(iv) Cheques received by the bank directly from trade debtors 1,35,200
(v) An insurance premium paid by the bank as per standing instructions,
but not yet recorded in the cash book 15,400
(vi) Dividend collected by the bank, but not yet recorded in the cash book 1,000

2) On 30th June 2014, the bank column of Mohan Kapoor’s Cash Book showed a debit balance of₹
12,000. On checking the Cash Book with bank statement, you find that: -
1. Cheques paid into Bank ₹ 8,000, but out of these only cheques of ₹ 6,500 were cleared and
credited by the Bankers up to 30th June.
2. Cheques of ₹ 9,200 were issued but out of these only cheques of ₹ 7,000 were presented for
payment up to 30th June.
3. The receipt column of the Cash Book has been undercast by ₹ 200.
4. The Pass Book shows a credit of ₹ 330 as interest on investments collected by bankers and
debit of ₹ 60 for bank charges.
5. On 29th June a customer deposited ₹ 3,000 direct in the bank account but it was entered only in
the Pass Book.
Prepare a Bank Reconciliation Statement.

3) Tiwari and Sons find that the bank balance shown by their Cash Book on December 31, 2016, is
₹ 40,500 (Credit) but the Pass Book shows a difference due to the following reasons:
(i) A cheque for ₹ 5,000 drawn in favour of Manohar has not yet been presented for
payment.
(ii) A post-dated cheque for ₹ 900 has been debited in the bank column of the Cash Book but
it could not have been presented in any case.
(iii) Cheques totalling ₹ 10,200 deposited with the bank have not yet been collected and
another cheque for ₹ 4,000 deposited in the account has been dishonored.
(iv) A Bill Payable for ₹ 10,000 was retired by the Bank under a rebate of ₹ 150 but the full
amount of the bill was credited in the bank column of the cash book.

Prepare a Bank Reconciliation Statement and find out the balance as per Pass Book.
 4) On 31st December, 2014 the Cash Book of Basu showed an overdraft of ₹ 18,000 with the Bank
of India. The balance did not agree with balance as shown by the Bank Pass Book and you find
that
• Basu had paid into the Bank on 26th December four cheques for ₹ 10,000; ₹12,000; ₹ 6,000 and
₹ 8,000. Of these the cheque for ₹ 6,000 was credited by the bank in January, 2015.
• Basu had issued on 24th December three cheques for ₹ 15,000, ₹ 12,000, and₹ 7,000. The first
two cheques were presented to the bank for payment in December and the third in January,
2015.
• You also find that on 31st December, 2014, the bank had debited Basu’s Account for ₹ 500 for
interest and ₹ 20 for charges but Basu has not recorded these amounts in his books.

You are required to prepare a Bank Reconciliation Statement as on 31st December, 2014 and ascertain the
balance as per bank Pass Book.

5) Write up Cash Book of Bhanu Partap with Cash and Bank Columns from the following
transactions: −
2017 (₹)
March 1 Cash-in-hand 2,710
Cash at Bank 27,500
3 Received from Subhash 3,500
4 Sold goods for cash 10,000
7 Paid Rent by Cheque 800
8 Paid Sohan by cheque 3,000
10 Bought goods for cash 15,000
12 Paid cash for stationery 200
Drew from Bank for office use 8,000
15 Received cheque from Surendra and sent it to Bank 6,600
16 Paid for advertisement 750
18 Issued cheque in favour of Nath Brothers 4,300
19 Cash Sales 13,000
Paid into Bank 16,000
20 Received cheque from Vinod and sent it to Bank 2,400
22 Bought Scooter and paid for the same by cheque 18,000
25 Bank returned Surendra’s cheque dishonoured
28 Paid salaries by cheque 7,200
Paid Trade expenses 2,000
29 Cash sales 9,500
30 Paid into Bank 10,000