Question

Bank balance as per cash book (Dr.) of NZ & Co. was Rs.$1,050$
-Bank charges not recorded in cash book was Rs.$180$.
-Rs.$750$ was directly paid by customer into bank was not recorded in cash book.
-Debit side of cash book was undercast by Rs.$100$
-Cheque deposited for Rs.$700$ was not credited in pass book.
-Out of cheques of Rs.$900$ issued but not presented for payments.
If BRS is prepared after adjusting cash book, balance as per Adjusted Cash book should be Rs.________ and balance as pass book should be Rs.__________

• A. Rs.$1,720$ & Rs.$1,920$
• B. Rs.$1,920$ & Rs.$1,720$
• C. Rs.$2,080$ & Rs.$1,880$
• D. Rs.$1,880$ & Rs.$2,080$

Answer 1

Answer: (A)

Rs.$1,720$ & Rs.$1,920$

The adjusted cash book balance is as follows :

	Particulars	Amount in Rs.
	Bank balance as per cash book (Dr.)	$1050$
Less	Bank charges not recorded in cash book	$180$
Add	Direct payment by customer into bank	$750$
Add	Undercasting of Debit side of cash book	$100$
	Adjusted Bank balance as per cash book (Dr.)	$1720$

The reconciliation is as follows

	Particulars	Amount in Rs.
	Adjusted Bank balance as per cash book (Dr.)	$1720$
Less	Cheque deposited but not credited in pass book	$700$
Add	Cheque issued but not presented for payment	$900$
	Bank balance as per pass book	$1920$