Question 6 Chapter 13 – Class 11 Unimax

Question 6 Chapter 13 – Class 11 Unimax

On 31st December,2019 the cash book of a merchant showed a bank overdraft of ₹ 1,729. On comparing the cash book with the bank pass book, the following discrepancies were noted:

(a) Cheque issued for ₹ 600 were not presented at the bank till 7th January,2020.

(b) Cheque amounting to ₹ 750 were deposited in the bank but were not collected.

(c) A cheque for ₹ 150 received from Mahesh Chand and deposited in the bank was dishonoured & advice of non-payment was not received from bank till the 1st January,2020.

(d) ₹ 1,500 being the proceeds of a bill receivable collected appear in the pass book not in cash book.

(e) Bank charges ₹ 15 and interest on overdraft ₹ 85 appear in the pass book but not in the cash book.

Prepare a reconciliation statement and show what balance the pass book would indicate on 31st December,2019.

The solution of Question 6 Chapter 13 – Class 11 Unimax

Particulars	Details	Amount
Balance as per cash book (Cr)		1,729
Add: 1. Cheque paid but not credited	750
2. A cheque dishonoured	150
3. Bank charges (15) & interest on overdraft (85)	100	1,000
		2,729
Less:1. Cheque issued but not presented	600
2. A Bill receivable collected by Bank not entered in C.B.	1,500	2,100
Balance as per pass book(Dr)		629