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Question
On 31st December overdraft as per cash book- Rs. 16,200. A comparison of pass book and cash book revealed the following:
- Cheque 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 _______ .
On 31st December overdraft as per cash book- Rs. 16,200. A comparison of pass book and cash book revealed the following:
- Cheque 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 _______ .
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Solution
The correct option is A Rs. 16,825
The reconciliation is as follows :
Particulars Amount in Rs. Overdraft as per cash book 16200 Add Cheque deposited but not credited in pass book 700 Less Cheques issued but not presented for payment 75 Overdraft as per pass book 16825
The reconciliation is as follows :
| Particulars | Amount in Rs. | |
| Overdraft as per cash book | 16200 | |
| Add | Cheque deposited but not credited in pass book | 700 |
| Less | Cheques issued but not presented for payment | 75 |
| Overdraft as per pass book | 16825 |
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