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Question 16 Chapter 13 – Class 11 Unimax

Question 16 Chapter 13 – Class 11 Unimax

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Question 16 Chapter 13 – Class 11 Unimax

16. According to the cash book of Saha brothers, there was a overdraft balance of ₹ 4,450 on 30.06.2019. On investigation you find that:

(1) Cheque amounting to ₹ 13,000 issued to creditor, not presented for payment until after that date.

(2) Cheque paid into bank amounting to ₹ 10,500, out of which cheque amounting to ₹ 5,000 collected by the Ank up to 30.06.2019.

 (3) A dividend of ₹ 400 and rent amounting to ₹ 600 received by the bank and entered in the pass book, but not recorded in the cash book.

(4) Insurance premium paid by the bank ₹ 700, not entered in the cash book.

(5) The payment side of the cash book had been undercast by ₹ 50.

(6) Bank charges ₹ 15, showed in the pass book, had not been entered in the cash book.

(7) A bill payable for ₹ 200 has been paid by the bank but is not entered in the cash book.

(8) A bill receivable for 600 has been discounted dwith the bank at a cost of ₹10, which is also not recorded in the cash book.

The solution of Question 16 Chapter 13 – Class 11 Unimax

 
ParticularsDetails Amount
Balance as per cash book (Cr) 4,450
Add: 1. Cheque paid but not credited5,500 
2. Insurance premium paid700 
3. Under casting of payment side of cash book50 
4. Bank charges15 
5. A bill payable paid by bank2006,465
  10,915
Less:1. Cheque issued but not presented13,000 
2. Dividend & Rent received by bank1,000 
3. A bill receivable discounted with bank59014,590
Balance as per pass book (Cr) 3,675

 

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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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