Accounts can anyone help me
This query is : Resolved
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
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.
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.
30 October 2012
1325 right answer.
30 October 2012
-1500+275-100=1325/-
11 November 2012
In fact you are required to prepare a bank reconciliation and the experts have done it for you. I agree with them
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