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Question 12 Chapter 13 – Class 11 Unimax
The following facts were extracted as at 31st December, 2019 from the books of P.K. Sen Gupta who keeps a double column cash book:
| ₹ | |
| Bank balance as per cash book (overdrawn) | 160 |
| Balance as per bank statement (in favour) | 120 |
₹ 16 commission charges by bank on outstation cheques yet to be taken into account.
A cheque for ₹ 40 paid to R. Gupta wrongly entered in the cash column.
Debit side of cash book (Bank column) undercast by ₹ 100. Cheque received from customers ₹ 52 deposited on 31.12.2019 but credited by the bank on 02.01.2020.
Cheque issued to suppliers ₹ 288 during 2019 not yet presented for encashment.
Prepare a bank reconciliation statement as at 31.12.2019.Prepare a bank reconciliation statement as at 31.12.2019.
| Particulars | Details | Amount |
|---|---|---|
| Balance as per cash book (Cr) | 160 | |
| Add: 1. Commission charges by bank | 16 | |
| 2. cheques wrongly entered in cash column | 40 | |
| 3. cheque paid but not cleared | 52 | 106 |
| 268 | ||
| Less:1. Debit side of cash book under cast | 100 | |
| 2. cheque issued but not presented | 288 | 388 |
| Balance as per pass book (Cr) | 120 | |
Economics Educator
Mrs. Dilgeerjot Kaur holds a B.Com and M.Com degree and has over 9 years of teaching experience in microeconomics, macroeconomics, and business economics.
This guide covers "Question 12 Chapter 13 – Class 11 Unimax", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Chapter 13 - Bank Reconciliation Statement - Unimax.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
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