Advertisement

Question 7 Chapter 13 – Class 11 Unimax

Question 7 Chapter 13 – Class 11 Unimax

Advertisement

Question 7 Chapter 13 – Class 11 Unimax

On 31.12.2019, the cash book of Roy brothers showed an overdraft of ₹ 5,600. From the following particulars, prepare a bank reconciliation statement as on 31.12.2019:

(1) Cheque drawn but not cashed before 31.12.2019 amounted to ₹ 3,946.

(2) Cheque paid into the bank but not collected and credited before 31.12.2019 amounted to ₹ 4,891.

(3) Debit is made in the pass book for ₹ 120 on account of interest on overdraft and ₹ 50 on account of cheque for collecting them.

(4) The bank has collected interest on investments and credited ₹ 760 in the pass book.

The solution of Question 7 Chapter 13 – Class 11 Unimax

 
ParticularsDetails Amount
Overdraft Balance as per cash book 5,600
Add: 1. Cheques issued but not cleared (120+50)4,891 
2. Interest on overdraft & bank charges1705,061
  10,661
Less:1. Cheque issued but not presented3,946 
2. interest on investment7604,706
Overdraft Balance as per pass book 5,955

 

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 2 Chapter 13 – Class 11 Unimax

Advertisement

Question 14 Chapter 13 – Class 11 Unimax

Advertisement

Question 26 Chapter 13 – Class 11 Unimax

Advertisement

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.

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *