bank reconciliation statement 📒📚| class 11 Accountancy | Q1 Rim Zim ltd. | 1th chapter 13 

Playlist - • Bank Reconciliation St...
In this video, we will cover the topic of Bank Reconciliation Statement (BRS) for Class 11 Accountancy. Learn how to reconcile differences between your bank account and cash book. This is a crucial topic for students aiming to excel in their accounting skills!
Bank Reconciliation Statement in hindi
🌟 What you'll learn:
What is a Bank Reconciliation Statement?
Common reasons for discrepancies between the bank statement and cash book.
Step-by-step process of preparing a BRS.
Practical examples for better understanding.
Whether you’re preparing for exams or just need a clear explanation of this important concept, this video is for you! Watch till the end for tips and tricks to solve BRS problems quickly and accurately.
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Rim Zim Ltd. ...
Question
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 :
₹
(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) 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
Find out the balance as per the bank statement as on 31st March, 2017.
Bank reconciliation statement class 11 part 1,