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Question 13 Chapter 13 – Class 11 Unimax

Question 13 Chapter 13 – Class 11 Unimax

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Question 13 Chapter 13 – Class 11 Unimax

13. On 31st January 2020 my cash book showed bank overdraft of ₹ 12,500. On comparing it with the pass book, the following difference were noted:

(1) Cash and cheque amounting to ₹ 1,340 were sent to bank on 27th January, but cheques wroth ₹ 230 were credited on 2nd February and on cheque for ₹ 45 was returned by them as dishonoured on 4th February.

(2) During the month of January, I issued cheque wroth ₹ 1,670 to my creditors. Out of these, cheques wroth ₹ 1,370 were presented for payment on 5th February.

(3) According to my standing orders, the bankers have paid during the month of January the following:

(a) life insurance premium ₹ 170.

(b) Television licence fee ₹ 120.

(c) Driving licence fee ₹ 22.

(d) My bankers have collected ₹ 150 as dividend on the shares.

(e) My bankers have given me wrong credit for ₹ 150.

(f) A B/R for ₹ 100 discounted with bank in December 2019 has dishonoured on 31st January 2020.

(g) interest charged by the bank ₹ 125.

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Prepare a bank reconciliation statement on 31st January 2020.

The solution of Question 13 Chapter 13 – Class 11 Unimax

 
ParticularsDetails Amount
Balance as per cash book (Cr) 12,500
Add: 1. Cheque paid but not credited230 
2. a cheque dishonoured45 
3. life insurance premium170 
4. television licence fee120 
5. Driving licence fee22 
6. A bill receivable dishonoured100 
7. Interest charges by bank125812
  13,312
Less:1. Cheque issued but not presented1,370 
2. Dividend collected by bank150 
3. wrongly credit given by bank1501,670
Balance as per pass book (Dr) 11,642

 

End of Solution


Check Out the Solution of all questions for this chapter:

The solutions to all questions of Chapter 13 – Bank Reconciliation Statement Unimax – Class 11 are shown as follows, click on the image of the question to get the solution.

Question 7 Chapter 13 – Class 11 Unimax

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Question 19 Chapter 13 – Class 11 Unimax

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Question 31 Chapter 13 – Class 11 Unimax

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1. Comprehensive Solutions for All Chapters of Advanced Accountancy I Class 11 by Unimax

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