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Question No 13 Chapter No 13 - Unimax Class 11
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.
| 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 | |
It is all about Question No 13 Chapter 13 of Class 11 unimax, If you have any problem please comment below.
Read out the full article to know the meaning of Depreciation
Bank Reconciliation Statement | Process | Illustration |
https://tutorstips.com/bank-reconciliation-statement/
Also, Check out the same article in Hindi from the following link
Bank Reconciliation Statement – Process – Examples – In Hindi
Also, Check out the solved question of all Chapters: –
Part-I
Students may choose only one part from Part II and Part III
Part-II
Part-III
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.
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