Question

From the following particulars, find balance as per pass book as at March 31, 2018.
(i) Credit balance as per cash book Rs 4,700
(ii) Cheque issued but not presented for payment Rs 1,200
(iii) Cheque deposited but not collected Rs 2,400
(iv) Bank charges of Rs 150

• A. Rs 7,050 credit balance
• B. Rs 6,050 debit balance
• C. Rs 6,050 credit balance
• D. Rs 7,050 debit balance

Answer 1

The correct option is B

Rs 6,050 debit balance

Particulars	Amount
Credit balance as per cash book(Overdraft)	4,700
Less:Cheques issued but not presented	1,200
Add: Cheques deposited but not collected	2,400
Add: Bank Charges	150
Debit balance as per pass book(Overdraft)	6,050