Question No 27 Chapter No 13 – Unimax Class 11
27. the bank statement of Mr. James flint showed an overdraft to the tune of ₹ 60,400 as on 31-12-2019. The ledger account of the bank in Mr. Flint’s books showed a debit balance of ₹ 1,45.280 as on the same sate. The following further facts and figures are available:
| ₹ | |
| Cheque No. 143211 dated 21.12.2019 issued to tax consultants was not cashed till 31.12.2019. | 12,000 |
| Cheque No. 143246 dated 20.12.2019 issued to management consultancy services was cashed on 14.1.2020. | 20,000 |
| Cheque No.143247date 29.12.2019 issued to cost and care and centre was cancelled on 31.01.2020 against a fresh cheque issued the same date. | 54,840 |
| Cheque No. 331674 received from M/s General studies and deposited into the bank on 28.12.2019 was credited in the account on 3.1.2020. | 2,20,000 |
| Dividend warrant No. TISCO/732 deposited on 29.12.2019 was not credited by the till 31.12.2019. | 74,400 |
| Bank charges not adjusted in books of Mr. Flint till 31.12.2019 | 680 |
| Interest credited by the bank and not adjusted in the book till 31.12.2019. | 2,560 |
Prepare a bank reconciliation statement of Mr. James Flint as on 31.12.2019.
The solution of Question No 27 Chapter No 13 – Unimax Class 11:
| Particulars | Details | Amount |
| Overdraft Balance as per cash book (Cr) | 60,400 | |
| Add: 1. Cheque issued to tax consultant nor cashed | 12,000 | |
| 2. Cheques issued to management consultancy not cashed | 20,000 | |
| 3. cheque issued to cost & care centre not cashed | 54,840 | |
| 4. Interest credited by bank | 2,560 | 89,400 |
| 1,49,800 | ||
| Less:1. Cheques received from M/s General studies deposited into bank but not credited | 2,20,000 | |
| 2. Dividend not credited by bank | 74,400 | |
| 3. Bank charges | 680 | 2,95,080 |
| Balance as per pass book (Dr) | 1,45,280 | |
It is all about Question No 27 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 |
Bank Reconciliation Statement | Process | Illustration |
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: –
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Advanced Accountancy – Unimax Class 11 – 2021 – Solution.
Part-I
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
Students may choose only one part from Part II and Part III
Part-II
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
Part-III
- Chapter No. 18 – Introduction to Computers and Accounting information System
- Chapter No. 19 – Computerised Accounting
- Chapter No. 20 – Accounting Software: Tally
- Chapter No. 21 – Data Base System
- Chapter No. 22 – Concept of Entity and Relationship
- Chapter No. 18 – Introduction to Computers and Accounting information System
- Chapter No. 19 – Computerised Accounting
- Chapter No. 20 – Accounting Software: Tally
- Chapter No. 21 – Data Base System
- Chapter No. 22 – Concept of Entity and Relationship