Bank balance as per cash book is Rs.12,000, taking into account cheques worth Rs 5,000 issued to suppliers which were not reflected in the bank statement. The balance as per bank statement shall be:
None of the above
It shall be Rs 12000 + Rs 5000 Cheque not presented, hence bank balance would be more than cash book balance.
Bank balance as per cash Book is Rs 12,000 taking into account cheques worth Rs 20,000 deposited into the bank. Of the cheques deposited, one cheque of Rs 5,000 was yet to be cleared & another cheque of Rs 4,000 was dishonoured. The balance as per pass book shall be:
Balance as per Cash Book is Rs 5,000. Cheques issued but not presented for payment Rs 2,000 and cheques sent for collection but not collected Rs 1,500. The bank had wrongly debited the account of firm by Rs 20. Balance as per pass book will be: