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Question 27 Chapter 13 – Class 11 Unimax
27. the bank statement of Mr. James flint showed an overdraft to the tune of ₹ 60,400 as on 31-12-2019. The ledger account of the bank in Mr. Flint’s books showed a debit balance of ₹ 1,45.280 as on the same sate. The following further facts and figures are available:
| ₹ | |
| Cheque No. 143211 dated 21.12.2019 issued to tax consultants was not cashed till 31.12.2019. | 12,000 |
| Cheque No. 143246 dated 20.12.2019 issued to management consultancy services was cashed on 14.1.2020. | 20,000 |
| Cheque No.143247date 29.12.2019 issued to cost and care and centre was cancelled on 31.01.2020 against a fresh cheque issued the same date. | 54,840 |
| Cheque No. 331674 received from M/s General studies and deposited into the bank on 28.12.2019 was credited in the account on 3.1.2020. | 2,20,000 |
| Dividend warrant No. TISCO/732 deposited on 29.12.2019 was not credited by the till 31.12.2019. | 74,400 |
| Bank charges not adjusted in books of Mr. Flint till 31.12.2019 | 680 |
| Interest credited by the bank and not adjusted in the book till 31.12.2019. | 2,560 |
Prepare a bank reconciliation statement of Mr. James Flint as on 31.12.2019.
The solution of Question 27 Chapter 13 – Class 11 Unimax
| Particulars | Details | Amount |
| Overdraft Balance as per cash book (Cr) | 60,400 | |
| Add: 1. Cheque issued to tax consultant nor cashed | 12,000 | |
| 2. Cheques issued to management consultancy not cashed | 20,000 | |
| 3. cheque issued to cost & care centre not cashed | 54,840 | |
| 4. Interest credited by bank | 2,560 | 89,400 |
| 1,49,800 | ||
| Less:1. Cheques received from M/s General studies deposited into bank but not credited | 2,20,000 | |
| 2. Dividend not credited by bank | 74,400 | |
| 3. Bank charges | 680 | 2,95,080 |
| Balance as per pass book (Dr) | 1,45,280 | |
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 5 Chapter 13 – Class 11 Unimax
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Question 17 Chapter 13 – Class 11 Unimax
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Question 29 Chapter 13 – Class 11 Unimax
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1. Comprehensive Solutions for All Chapters of Advanced Accountancy I Class 11 by Unimax
UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy I Part 1 in Class 11. With their meticulously curated study material, students can access comprehensive solutions to all the questions included within each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 11 examinations.
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
2. Punjab School Education Board (PSEB) Solutions of Usha Publication.
If you’re a student enrolled in the Punjab School Education Board Class 11, it’s essential to explore a wide range of books to cover the syllabus thoroughly. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to a variety of writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.
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