Question

On $31$st December overdraft as per pass book-Rs.$19,440$. A comparison of pass book and cash book revealed the following:
-Cheque deposited for Rs.$840$ was not credited in pass book.
-Out of cheques of Rs.$1,080$ issued, only cheques amounting to Rs.$990$ were presented for payments.
Overdraft as per cash book will be __________.

• A. Rs.$18,510$
• B. Rs.$20,370$
• C. Rs.$20,190$
• D. Rs.$18,690$

Answer 1

Answer: (D)

Rs.$18,690$

The reconciliation is as follows :

	Particulars	Amount in Rs.
	Overdraft as per pass book	$19440$
Less	Cheque deposited but not credited in pass book	$840$
Add	Cheque issued but not presented for payment	$90$
	Overdraft as per cash book	$18690$