Question 13 Chapter 13 – Class 11 Unimax

Question 13 Chapter 13 – Class 11 Unimax

13. On 31st January 2020 my cash book showed bank overdraft of ₹ 12,500. On comparing it with the pass book, the following difference were noted:

(1) Cash and cheque amounting to ₹ 1,340 were sent to bank on 27th January, but cheques wroth ₹ 230 were credited on 2nd February and on cheque for ₹ 45 was returned by them as dishonoured on 4th February.

(2) During the month of January, I issued cheque wroth ₹ 1,670 to my creditors. Out of these, cheques wroth ₹ 1,370 were presented for payment on 5th February.

(3) According to my standing orders, the bankers have paid during the month of January the following:

(a) life insurance premium ₹ 170.

(b) Television licence fee ₹ 120.

(c) Driving licence fee ₹ 22.

(d) My bankers have collected ₹ 150 as dividend on the shares.

(e) My bankers have given me wrong credit for ₹ 150.

(f) A B/R for ₹ 100 discounted with bank in December 2019 has dishonoured on 31st January 2020.

(g) interest charged by the bank ₹ 125.

Prepare a bank reconciliation statement on 31st January 2020.

The solution of Question 13 Chapter 13 – Class 11 Unimax

Particulars	Details	Amount
Balance as per cash book (Cr)		12,500
Add: 1. Cheque paid but not credited	230
2. a cheque dishonoured	45
3. life insurance premium	170
4. television licence fee	120
5. Driving licence fee	22
6. A bill receivable dishonoured	100
7. Interest charges by bank	125	812
		13,312
Less:1. Cheque issued but not presented	1,370
2. Dividend collected by bank	150
3. wrongly credit given by bank	150	1,670
Balance as per pass book (Dr)		11,642