Question 19 Chapter 13 – Class 11 Unimax

Question 19 Chapter 13 – Class 11 Unimax

19. On 31st December, 2019, the pass book trader showed a credit balance of ₹ 10,000. This balance difference from what was revealed by his cash book as that date. On enquiry, the following facts were ascertained: three cheque amounting to ₹ 2,000, ₹ 1,500 and ₹ 750 respectively were not yet collected by the bank and therefore, not credited into the account. Further, two cheque o the value of ₹ 1,000 and ₹ 500 respectively issued to the trader’s creditors were not yet presented for payment. Besides, the bank collected ₹ 150 direct as commission and credited it into the account before december31. You are required to draw up a bank reconciliation statement showing the correct balance in cash book.

The solution of Question 19 Chapter 13 – Class 11 Unimax

Particulars	Details	Amount
Balance as per pass book (Cr)		10,000
Add: 1. Cheques not collected & credited by bank (2,000+1,500+750)	4,250	4,250
		14,250
Less:1. Cheque issued but not presented for payment (1,000+500)	1,500
2. Commission collected by bank directly	150	1,650
Balance as per pass book		12,600