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# MGT101 ASSIGNMENT NO - 02 (DUE DATE: 26th January 2016)

TOPIC TO BE TESTED:
• Bank reconciliation statement
LEARNING OBJECTIVES:
• To understand and apply the causes of disagreement between cash book and bank
statement in reconciliation process
Q-1
The debit balance of bank statement as on 31st December 2014 was Rs. 10,000.
Cheques of Rs. 3,000 sent to customers had been entered in depositor’s cash book but
did not appear in bank statements on 31st December 2014.
Required: Calculate the balance as per cash book on 31st December 2014.
Q-2
The favorable balance of bank statement as on 31st December 2014 was Rs. 12,000.
Cheques of Rs. 4,000 paid into the bank had been entered in depositor’s cash book
but did not appear in bank statements on 31st December 2014.
Required: Calculate the balance as per cash book on 31st December 2014.
QUESTIONS
ASSIGNMENT NO - 02
Q-3
Balance as per cash book of a merchant as on 31st December 2014 was Rs. 20,000.
Following causes of disagreement was discovered on receipt of bank statement.
1. A cheque of Rs. 500 issued but not yet presented for payment
2. A cheque of Rs. 545 sent to a customer has been recorded in cash book as Rs.
445.
Required: Calculate the balance as per bank statement on 31st December 2014.

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### Replies to This Discussion

is it correct?????

upr waly wrng hai

sir tariq wala correct h answer

koi clear kary ga k jo check customer ko sent karty hyn wo konsa hota hy?

un presented ya un credited??????? i think un presented...............because jo check bhej diya tha ham ny us k pesy kaat liye lakin customer ny usy cash nahi karwaya to balance zayda aaya bank ka to it means hm aad kary gy tab hi belance barabar hoga................to sent to customer hua Un presented menas Dr

koi clear kary ga k jo check customer ko sent karty hyn wo konsa hota hy?

un presented ya un credited??????? i think un presented...............because jo check bhej diya tha ham ny us k pesy kaat liye lakin customer ny usy cash nahi karwaya to balance zayda aaya bank ka to it means hm aad kary gy tab hi belance barabar hoga................to sent to customer hua Un presented menas Dr

question 2 b galit ha

Excellent M.Tariq Malik  but this one is confusion

Add/less Cheque of Rs. 545 sent to a customer Rs. 100
has been recorded in cash book as Rs. 445.

sir tariq wala solution b nt confirm

bcz Debit credit add kase ho sakta

debit credit less

like as + - = -

Plz koi 100 percent correct solve kr dy

Hi,

why you are getting confused and also making us confused, some time you said it is correct and another time you come up with different opinion, please provide correct solutions for questions....

or kindly time out hony se pehly plx koi real solution bta do

I think 12000 me se 4000 minus ho ga ku k jb payment krty h to bank ki respocibilty km hoti h or wo debit hota h to cr me se dr minus ho ga

good sis

u r ryt

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