30 October 2012
CASH BOOK SHOW AN OVERDRAFT OF RS 1500,BUT THE PASS BOOK TO THE SAME DATE SHOW THAT CHEQUES OF RS 100,125,50 HAD NOT BEEN PRESENTED FOR PAYMENT,AND CHEQUE OF RS 100 PAID INTO ACCOUNT NOT CLEARED THE BALANCE AS PER PASS BOOK WILL BE A 1100 B 2175 C 1625
D 1375 WHAT IS THE CORRECT ANSWER,I THINK IT IS D AM I CORRECT OR NOT PLEASE CLEARIFY WITH SOLUTION
30 October 2012
Balance as per Cash book: -1500 Add: cheques issued not presented 275 Less: Cheques deposited not cleared 100 Balance as per Pass book: 1325
The answer should be Rs.1325 pl. check once again about correctness of figures in question.
CAclubindia
