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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 $$1920$$


Accountancy

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