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Question

Balance shown by Cash Book: Rs 10,000
Cheques issued but not presented for payment: Rs 4,000
Cheques deposited but not yet collected: Rs 3,000

Balance as per pass book shall be?


A

Rs 9,000

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B

Rs 10,000

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C

Rs 11,000

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D

None

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Solution

The correct option is C

Rs 11,000


Debit balance as per Cash Book : Rs 10,000
Less: Cheques deposited but not cleared Rs 3,000
Add: Cheques issued but not presented Rs 4,000
Balance as per pass book: Rs 11,000


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