Cheque paid into bank were of Rs 25,000 but the cheque of Rs 10,000 were cleared & credited in our account by bankers which was evident from the bank statement received on the last day of the month. If closing balance as per cash book is Rs 50,000, what will be the balance after the above situation?

Rs 65,000

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Rs 35,000

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Rs 50,000

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Rs 15,000

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Solution

The correct option is B
Rs 35,000

The balance of cash book after above transaction shall be Rs 50,000 - Rs 15,000 = Rs 35,000.

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Similar questions

From the following particulars, prepare a bank reconciliation statement showing the balance as per cash book on December 31, 2010.

(i) Two cheques of Rs. 2,000 and Rs. 5,000 were paid into the bank in October 2010 but were not credited by the bank in the month of December.

(ii) A cheque of Rs. 800 which was received from a customer was entered in the bank column of the cash book in December 2009 but was omitted to be banked in December 2009.

(iii) Cheques for Rs. 10,000 were issued into the bank in January 2010 but not debited by the bank on December 31, 2010.

(iv) Interest on Investment Rs. 1,000 collected by bank appeared in the passbook.

Balance as per passbook was Rs. 50,000.

Q. From the following particulars prepare a bank reconciliation statement showing the balance as per cash book on December 31, 2010.
i) Two cheques of Rs 2,000 and Rs 5,000 were paid into bank in October, 2010 but were not credited by the bank in the month of December.
ii) A cheque of Rs 800 which was received from a customer was entered in the bank column of the cash book in December 2009 but was omitted to be banked in December, 2009.
iii) Cheques for Rs 10,000 were issued into bank in January 2010 but not credited by the bank on December 31,2010.
iv) Interest on investment Rs 1,000 collected by bank appeared in the pass book.
Balance as per pass book was Rs 50,000.

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:

A cheque of Rs 10,000 was deposited in the bank but due to updation in the software, this cheque could not be cleared by bank till the last day of the month. Will the balance as per bank`s pass book & cash book tally?

From the following particulars prepare a bank reconciliation statement showing the balance as per cash book on December 31, 2016.

(a)	Two cheques of Rs 2,000 and Rs 5,000 were paid into bank in October, 2016 but were not credited by the bank in the month of December.
(b)	A cheque of Rs 800 which was received from a customer was entered in the bank column of the cash book in December 2016 but was omitted to be banked in December, 2016.
(c)	Cheques for Rs 10,000 were issued into bank in November 2016 but not credited by the bank on December 31, 2016.
(d)	Interest on investment Rs 1,000 collected by bank appeared in the passbook.

Balance as per Passbook was Rs 50,000

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The correct option is B Rs 35,000 The balance of cash book after above transaction shall be Rs 50,000 - Rs 15,000 = Rs 35,000.

The correct option is B
Rs 35,000

The balance of cash book after above transaction shall be Rs 50,000 - Rs 15,000 = Rs 35,000.