CA Foundation Sep 2026 – CWTS – APARAJIT LIVE Batch CA Foundation SEP 2026 Accounts – Bank Reconciliation Statement Aparajit LIVE Batch Designed by – CTC Classes IMPORTANT :- 1. Subscribe – ( CTC Classes ) for CA Foundation Complete Course & REVISION. 2. Application – ( CTC Classes ) Search on Playstore 3. Join US on TELEGRAM – Search on Telegram – CTC Classes - For Free NOTES & Update Time Allotted – 75 Minutes MARK’S - 40 Question 1 According to the cash-book of Mihir there was balance of ` 4,45,000 in his bank on 30 th June, 2024 On investigation you find that : (i) Cheques amounting to 60,000 issued to creditors have not been presented for payment till the date (ii)Cheques paid into bank amounting to 1,10,500 out of which cheques amounting to` 55,000 only collected by bank up to 30th June 2024 (iii)A dividend of ` 4,000 and rent amounting to 60,000 received by the bank and entered in the pass-book but not recorded in the cash book. (iv)Insurance premium (up to 31 st December, 2023) paid by the bank ` 2,700 not entered in the cash book. (v)The payment side of the cash book had been under cast by ` 500 (vi)Bank charges `150 shown in the pass book had not been entered in the cash book. (vii) A bill payable of ` 20,000 had been paid by the bank but was not entered in the cash book and bill receivable for` 6,000 had been discounted with the bank at a cost of ` 100 which had also not been recorded in cash book.You are required: (1)To make the appropriate adjustments in the cash book, and (2)To prepare a statement reconciling it with the bank pass book. CA Foundation Sep 2026 – CWTS – APARAJIT LIVE Batch Question 2 The Cash-book of M/s Mazars shows ` 27,570 as the balance at Bank as on 31st March, 2025. But this does not agree with balance as per the Bank Statement. On scrutiny following discrepancies were found: (i) Subsidy ` 10,250 received from the government directly by the bank, but not advised to the company. (ii) On 15th March, 2025 the payments side of the Cash-book was under cast by ` 350. (iii) On 20th March, 2025 the debit balance of ` 2,156 as on the previous day, was brought forward as credit balance in Cash-book. (iv) A customer of the M/s Mazars, who received a cash discount of 5% on his account of ` 2,000, paid to M/s Mazars a cheque on 24 th March, 2025. The cashier erroneously entered the gross amount in the Cash-Book (v) On 10 th March, 2025 a bill for ` 5,700 was discounted from the bank, entered in Cash-book, but proceeds credited in Bank Statement amounted to ` 5,500 only. (vi) A cheque issued amounting to Ravi for` 1,725 returned marked ‘out of date’. No entry made in Cas h-book. (vii) Insurance premium ` 900 paid directly by bank under a standing order. No entry made in cash-book. (viii) A bill receivable for ` 1,530 discounted for ` 1,500 with the bank had been dishonoured on 30 th March, 2025, but advice was received on 1 st April, 2025. (ix) Bank recorded a Cash deposit of ` 1,650 as ` 1,560. Prepare Bank Reconciliation Statement on 31 st March, 2025. Question 3 Prepare a Bank Reconciliation Statement for Vibha Traders as on 31 st March, 2025. The Cash Book of Vibha Traders shows a debit balance of ` 3,29,000 at Bank as on 31 st March, 2025, but it does not agree with the balance as per the Bank Pass Book. After checking, the following differences were found: 1. On 12 th March, 2025, the payment side of the Cash Book was undercast by ` 12,000. 2. A cheque of ` 85,000 issued on 23 rd March, 2025 was not taken in the bank column. 3. On 22 nd March, 2025, the debit balance of ` 18,500 as on the previous day was brought forward as a credit balance. 4. Out of the total cheques amounting to 42,000 issued in the last week of March, 2025, cheques aggregating 28,500 were encashed in March, 2025. 5. Dividends of 35,000 collected by the Bank and Fire Insurance Premium of 20,000 paid by the Bank were not recorded in the Cash Book. 6. One cheque issued to a creditor of ` 1,29,000 was recorded twice in the Cash Book. CA Foundation Sep 2026 – CWTS – APARAJIT LIVE Batch 7. A cheque from a customer for ` 12,000 was deposited in the Bank on 28th March, 2025 but was dishonoured and advice was received from the Bank on 5th April, 2025. 8. The Bank paid a credit card bill of `2,500 which was not recorded in the Cash Book. 9. The Bank wrongly credited a cheque of ` 25,000 of another customer in our account. 10.` 500 discount received was wrongly entered in the bank column in the Cash Book. 11.A Debtor Mr, X deposited a cheque for `32,000 in the bank directly in the month of March 2025, without intimating to Rani traders and the same cheque was dishonoured by bank due to insufficient fund in the month of March itself Question 4 (i) On 30 th November 2025, the Bank Statement of M/s Rama & Sons showed a Debit balance of ` 39,700 at bank. On comparing it with the Cash Book, the following discrepancies were observed:(1) A cheque of ` 10,000 was issued to a supplier on 25 th November but was not presented for payment till 3 rd December. (2) A cheque of ` 3,000 was received from a customer and deposited on 28 th November but was credited by the bank on 2 nd December. (3) The bank had directly collected interest of ` 2,400 on behalf of the firm, which has not yet been recorded in the cash book. (4) Credit side of the Bank column of Cash book was overcast by ` 900. (5) A customer had directly deposited ` 8,000 into the firm's bank account, but no entry was made in the cash book. (6) A cheque of ` 2,000 deposited earlier was returned dishonoured and debited in the Bank Statement only. (7) As per standing instructions to bank, EMI of ` 20,000 was paid by the bank. The same was omitted to be accounted for in the cash book. (8) An amount of ` 5,000 was wrongly credited by bank to the firm's account for which details are not available. (9) The Cashier had wrongly recorded a bank payment of ` 12,500 as ` 21500 in the Cash Book.You are required to ascertain the balance appearing in the Cash Book of M/s Rama and Sons as on 30 th November, 2025 Imp. Note for All Students:- Submit your Answer Sheet in PDF format on the CTC Classes App within the next 15 minutes after the allotted exam time ends. Make sure your PDF is clear and complete before uploading. 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