Question

Debit balance as per Cash Book of ABC Enterprises as on 31st March is Rs. 3,000. Cheques deposited but not cleared amounts to Rs. 200 and Cheques issued but not presented of Rs. 300. The bank allowed interest amounting Rs. 100 and collected dividend Rs. 100 on behalf of ABC Enterprises. Balance as per pass book should be __________ .

• A. Rs. 3,200
• B. Rs. 2,900
• C. Rs. 3,700
• D. Rs. 3,300

Answer 1

Answer: (D)

Rs. 3,300

Bank reconciliation statement of ABC Ltd.

Balance as per cash book = 3000

Add:- Cheques issued but not presented = 300

Dividend collected on behalf of ABC LTD = 100

Interest allowed by bank = 100

Less:- Cheques deposited but not cleared = (200)

Balance as per Passbook = 3300