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Question

Debit balance as per Cash Book: Rs 2,000
Cheques deposited but not cleared: Rs 100
Cheques issued but not presented: Rs 150
Bank allowed interest: Rs 50
Bank collected dividend: Rs 50
Balance as per Pass Book will be : ___


A

Rs 2100

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B

Rs 1850

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C

Rs 2350

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D

Rs 2150

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Solution

The correct option is D

Rs 2150


Debit balance as per Cash Book: Rs 2,000
Less: Cheques deposited but not cleared: Rs 100
Add: Cheques issued but not presented: Rs 150
Add: Bank allowed interest: Rs 50
Add: Bank collected dividend: Rs 50


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