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CA Foundation
Bank Reconciliation Statement
Test Paper
Time Allowed: 45 Mins Maximum Marks: 30
Date: - 01-11-2023
Q. Questions Marks
No.
1. (i) Why do we need reconciliation? 4
(ii) What is a bank overdraft?
2. From the following information, prepare Bank Reconciliation Statement and adjusted 8
cash book as on 31st March, 2022:
(i) Balance (Debit) as per Cash Book as on 31st March, 2022 Rs. 19850.
(ii) Out of the total cheques issued amounting to Rs. 17500, cheques of Rs. 3,000
were debited by Bank in March, 2022, cheques of RS. 7540 were debited in april,
2022 and the rest have not been presented yet.
(iv) Out of the total cheques deposited amounting to Rs. 5,000, cheques of Rs. 1,500
were credited by bank in March, 2022, and balance cheques were credited in
April,2022.
(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.
(vii) Amount directly deposited in the bank of Rs, 4570 and a bill has been
dishonoured of rs 13450 was discounted on 1550 discount charges.
3. (i) On 31st March, 2023 the bank passbook of Raman showed a balance of Rs. 30,000 8
to her credit.

(ii) Before that date, he had issued cheques amounting to Rs. 16,000 out of which
cheques amounting to Rs. 6,200 have so far been presented for payment.

(iii) A cheque of Rs. 5840 deposited by him into the bank on 26th March, 2023 is not
yet credited in the passbook.

(iv) He had also received a cheque of Rs. 2500 which although entered by him in the
bank column of cash book, was omitted to be paid into the bank.

(v) On 30th March, 2023 a cheque of Rs. 8750 received by him was paid into 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.

Draw up a bank reconciliation statement

4. On comparing the Cash Book of Nirmal with the Pass Book , following discrepancies 10
were noted :
Balance as per pass book (dr) 145500
(i) Out of 61,000 pain in by cheques into the bank on 25th, March cheques amounting
to 17800 were collected on 5th April,
(ii) Out of cheques drawn amounting to 15,600 on 28th March a cheque for 7850 was
presented on 3rd April.
(iii) A cheque for 3400 entered in Cash Book but omitted to be banked on 31st March.
(iv) A cheque for 1,200 deposited into bank omitted to be recorded in Cash Book and
was collected by the bank 29th March.
(v) A bill receivable for 3040 previously discounted (discount ₹ 40) with the bank
had been dishonoured but advice was received on 3rd April.

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(vi) A cheque 20,000 was retired/pair by the bank under a rebate of 300 but the full
amount of the bill was credited in the bank column of the Cash Boook.
(vii) A cheque of ₹ 9500 wrongly credited in the Pass Book on 29th March was
reversed on 2nd April.
(viii) Bank had wrongly debited 10,000 in the account on 31st March and reversed it
on 10th April. 2019

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