Bank Reconciliation Statement · Class 11 · CBSE · Commerce Accountancy
If the balance as per the cash book (debit balance) is Rs. 10,000, and cheques amounting to Rs. 2,000 were deposited into the bank but not yet collec…
Practice question from Bank Reconciliation Statement (Class 11 · CBSE · Commerce Accountancy), with the correct answer and a step-by-step solution.
hard · MCQ · Q-6A70CD
If the balance as per the cash book (debit balance) is Rs. 10,000, and cheques amounting to Rs. 2,000 were deposited into the bank but not yet collected, what will be the balance as per the pass book?
- A.Rs. 12,000
- B.Rs. 10,000
- C.Rs. 8,000Correct answer
- D.Rs. 6,000
Solution
When cheques are deposited, the cash book balance is increased immediately. Since they are not yet collected, the pass book balance remains lower. Starting with a cash book debit balance of Rs. 10,000, we subtract the uncollected cheques of Rs. 2,000 to arrive at the pass book balance of Rs. 8,000.
More from Bank Reconciliation Statement
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- A favourable balance given in the cash book means which of the following?
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