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Cpt question

CPT 1245 views 4 replies

Starting with over draft balance of cash book

in B.R.S, a cheque of Rs. 5,500 deposited in

bank and duly credited in pass book, but not

recorded in cash book ____ in B.R.S

a) Rs. 5500 will be added

v).rs.5500 will be substracted

c) Rs. 11000 will be added

d) Rs. 11000 will be subtracted

Replies (4)
Rs.5500 will be subtracted....cash book shows o/d balance....since it is a O/D balance will be reduced....

why not 5500 is added?i add this exam.

Hi Swati

   Dr                                    pass book                                   Cr

To balance b/d  xxx          By cash (recorded)   5500

 Dr                                     cash book                                    Cr

To bank (Not recorded) 5500      By balance b/d           xxxx               

so it should be subtracted from overdraft balance from cash book 

 

https://lifeonapage.co.in/?page_id=81

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