Question

On $31$st December overdraft as per cash book - Rs.$16,200$. A comparison of pass book and cash book revelead the following:
-Cheques deposited for Rs.$700$ was not credited in pass book.
-Out of cheques of Rs.$900$ issued, only cheques amounting to Rs.$825$ were presented for payments.
Overdraft as per pass book will be _____________.

• A. Rs.$15,425$
• B. Rs.$16,975$
• C. Rs.$16,825$
• D. Rs.$15,575$

Answer 1

The correct option is C Rs.$16,825$

The reconciliation is as follows :

	Particulars	Amount in Rs
	Overdraft as per cash book as on 31 st December	$16200$
Add	Cheque deposited but not credited	$700$
Less	Cheque issued but not presented for payment	$75$
	Overdraft as per pass book as on 31 st December	$16825$