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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
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B
Rs.1,920 & Rs.1,720
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C
Rs.2,080 & Rs.1,880
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D
Rs.1,880 & Rs.2,080
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Solution

The correct option is B Rs.1,720 & Rs.1,920
The adjusted cash book balance is as follows :
ParticularsAmount in Rs.
Bank balance as per cash book (Dr.)
1050
LessBank charges not recorded in cash book 180
AddDirect payment by customer into bank 750
AddUndercasting of Debit side of cash book 100
Adjusted Bank balance as per cash book (Dr.)1720
The reconciliation is as follows
ParticularsAmount in Rs.
Adjusted Bank balance as per cash book (Dr.)
1720
Less Cheque deposited but not credited in pass book 700
AddCheque issued but not presented for payment 900
Bank balance as per pass book 1920


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