Cheque deposited dishonoured will increase the balance as per Pass Book.

True

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False

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Solution

The correct option is B False
Cheque deposited dishonoured will decrease the balance as per Pass Book.

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Similar questions

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:

Q. When balance as per cash book is the starting point, cheques deposited but dishonoured are ____________ .

Prepare a bank reconciliation statement from the following information:
1. Overdraft balance as per cash book is Rs. 1,20,000.
2. Cheque deposited Rs. 30,000 but no entry was passed in cash book.
3. Bill discounted dishonoured for Rs. 20,000.
4. Bank charges of Rs. 50 entered in cash book twice.

Q. On