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Question No 7 Chapter No 13 - Unimax Class 11
On 31.12.2019, the cash book of Roy brothers showed an overdraft of ₹ 5,600. From the following particulars, prepare a bank reconciliation statement as on 31.12.2019:
(1) Cheque drawn but not cashed before 31.12.2019 amounted to ₹ 3,946.
(2) Cheque paid into the bank but not collected and credited before 31.12.2019 amounted to ₹ 4,891.
(3) Debit is made in the pass book for ₹ 120 on account of interest on overdraft and ₹ 50 on account of cheque for collecting them.
(4) The bank has collected interest on investments and credited ₹ 760 in the pass book.
| Particulars | Details | Amount |
|---|---|---|
| Overdraft Balance as per cash book | 5,600 | |
| Add: 1. Cheques issued but not cleared (120+50) | 4,891 | |
| 2. Interest on overdraft & bank charges | 170 | 5,061 |
| 10,661 | ||
| Less:1. Cheque issued but not presented | 3,946 | |
| 2. interest on investment | 760 | 4,706 |
| Overdraft Balance as per pass book | 5,955 | |
It is all about Question No 7 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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