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Question 10 Chapter 13 – Class 11 Unimax

Question 10 Chapter 13 – Class 11 Unimax

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Question 10 Chapter 13 – Class 11 Unimax

On checking Ram’s cash book with the bank statement of his overdraft current account for the month of November 2019, you find the following:

(a) Cash book showed an overdraft of ₹ 4,500.

(b) The payment side of the cash book had been undercast by ₹ 150.

(c) A cheque for ₹ 750 drawn on his saving deposit account has been showed as drawn on current account.

(d) Cheque amounting to ₹ 7,000 drawn and entered in the cash book had not been presented.

(e) Cheques amounting to ₹ 6,000 sent to the bank for collection though entered in the cash book, had been credited by the bank.

(f) Bank charge of ₹ 75 as per bank statement of account had not been taken in the cash book.

(g) Dividend of the amount of ₹ 2,500 had been paid to the bank and not entered in the cash book.

You are requested to arrive at the balance as it would appear in the bank statement as on 31th November,2019.

The solution of Question 10 Chapter 13 – Class 11 Unimax

 
ParticularsDetails Amount
Balance as per cash book 4,500
Add: 1. Under casting of payment side of cash book150 
2. cheques sent for collection but not credited6,000 
3. Bank charges756,225
  10,725
Less:1. Cheque drawn on saving a/c but shown as drawn on current a/c750 
2. cheque drawn but not presented7,000 
3. dividend not entered in cash book2,50010,250
Overdraft Balance as per pass book (Dr) 475

 

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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.

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.

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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