Skip to main content
Super TutorResources
Chapter 8 of 17
QuestionsNotesFlashcardsSummaryFormulasQuizConceptsSyllabusPlan
Syllabus

Bank Reconciliation Statement

NIOS · Class 10 · Accountancy

Complete topic list for Bank Reconciliation Statement in NIOS Class 10 Accountancy. Key concepts, sub-topics, and what to focus on for board exams.

43 questions40 flashcards5 concepts

Interactive on Super Tutor

Studying Bank Reconciliation Statement? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for syllabus and more.

Try Super Tutor — Free

1,000+ Class 10 students started this chapter today

4 Topics · NIOS Class 10 Accountancy

Topics in Bank Reconciliation Statement

1

Meaning and Need of BRS

  • BRS is a statement, not an account.
  • It is prepared periodically.
  • Its purpose is to find the causes of difference between the Cash Book balance and the Pass Book balance.
2

Causes of Difference Between Cash Book and Pass Book

  • Cheques issued but not yet presented for payment cause a difference because the bank records them later.
  • Cheques deposited but not yet collected by the bank cause a difference because the bank credits them later.
  • Amount directly deposited by customers into the bank increases the bank balance first, so the Cash Book balance becomes less than the Pass Book balance.
3

Rules for Preparing BRS

  • First check whether the given balance is favourable or negative overdraft.
  • If the balance is favourable, use the normal plus and minus items.
  • If the balance is an overdraft, write it in the Minus column because it is a negative balance.
4

Illustrations and Important Answers

  • M/s ABC Ltd.: Cash Book balance of ₹62,500 reconciles to Pass Book balance of ₹70,700.
  • M/s Deep Traders: Cash Book balance of ₹1,00,000 reconciles to Pass Book balance of ₹37,200.
  • M/s XYZ Ltd.: Pass Book balance of ₹70,700 reconciles to Cash Book balance of ₹62,500.

Key Concepts

Central concept: Bank Reconciliation Statement as a statement that explains the difference between the Cash Book bank column balance and the Pass Book balance, and helps find the correct balance

Cash BookPass Book / Bank StatementNeed of BRSNature of BRSCauses of DifferenceCheques issued but not presentedCheques deposited but not collectedAmount directly deposited by customers

Frequently Asked Questions

What are the important topics in Bank Reconciliation Statement for NIOS Class 10 Accountancy?
Key topics in Bank Reconciliation Statement include Bank Reconciliation Statement - Complete Overview, Bank Reconciliation Statement - Concept Overview, Bank Reconciliation Statement — Complete Concept Map. These are the concepts NIOS Class 10 examiners draw on most — study them first, then practise related questions.
How to score full marks in Bank Reconciliation Statement — NIOS Class 10 Accountancy?
Understand the core concepts first, then work through the 43 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Bank Reconciliation Statement

All 17 chapters — NIOS Class 10 Accountancy Syllabus

For serious students

Get the full Bank Reconciliation Statement chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for NIOS Class 10 Accountancy.

Try Super Tutor Free
Try the full chapter — Free