Question

Bank balance as per cash book (Dr.) Rs. $25,450$. A comparison of pass book and cash book revealed the following:
- The bank had directly collected dividend of Rs. $400$ and interest Rs. $300$.
- As per standing instruction bank had paid bills of Rs. $2,000$.
Balance as per pass book will be ___________ .

• A. Rs. $28,150$
• B. Rs. $26,750$
• C. Rs. $22,750$
• D. Rs. $24,150$

Answer 1

The correct option is D Rs. $24,150$

The reconciliation is as follows :

	Particulars	Amount in Rs.
	Bank balance as per cash book (Dr.)	$25450$
Add	Dividend directly collected by bank	$400$
Add	Interest directly collected by bank	$300$
Less	Bills paid by bank as per standing instruction	$2000$
	Balance as per pass book (Dr.)	$24150$