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MGT101 Financial Accounting This is to inform that a Graded Assignment No 2 will be opened on January 20, 2016 and due date of assignment submission will be January 26, 2016.












DUE DATE: 26th January 2016


MARKS: 03+03+04=10




  • Bank reconciliation statement




  • To understand and apply the causes of disagreement between cash book and bank statement in reconciliation process







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.






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.



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


  1. 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

yehi to confirm krna hai

mujhy lg raha ahi 3000 add hoga ..
bcz bank book mein dr. unfavourable hota hai aur woh cheques jo bank statment mein appear na hun woh add hoty hein

but here  we are concerned with cash book not bank book

hmm ri8 :D

10000 debit balance hai as they said in question

yes, balance of bank statement(pass book) considered credit or negative payment to the customer is already entered in cash book so to determine cash book balance we have to add this then credit balance will be 7000 am i right?

ye jo 10000 hai ye tou cr. hona chaye 

debit balance on bank statement hai that means humnay overdrawn kr liya hai bank say..... is liyea credit krna hai coz woh unfavorable balance hai jo humay bank ko deyna matlab hum pr bank ka qarz hai.

Pata nahi kiya confusion phelaii hai. samjhatay kuch hain pochtay kuch hain. even mea saray lectures leyti hon still yeh hal hai.

woh tou pta h pr is 3000 ka kia scene hai ?

add hoga ya subtract?

hmm pta nhi ye saary assignment itny confusing kiu hoty hein 

Koyee confusion nhe, 10,000 is overdrawn balance mean debit balance , and 3000 ka cheque issue kya which will be debited in credit in cash book mean in bank reconciliation we will have to debit it to match the cash book, so answer is 13000.

ok krra tou yahi hai doubt tha thnkx dude ..

Hi, why we are recording into cash book? bank or cheque related transaction get recorded into bank book? requirement of assignment is confusing????


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