Question

On $31$st March $2012$ bank balance as per cash book (Dr.) Rs. $10,000$. A comparison of pass book and cash book revealed the following:
- Cheques deposited for Rs. $10,000$ out of these cheques bank had credited cheques of Rs. $2,500$.
- Bank charges Rs. $50$ was not entered in cash books.
Balance as per pass book will be ________ .

• A. Rs. $20,050$
• B. Rs. $17,550$
• C. Rs. $\left(50\right)$
• D. Rs. $2,450$

Answer 1

The correct option is D Rs. $2,450$

The reconciliation is as follows :

	Particulars	Amount in Rs.
	Balance as per cash book (Dr.)	$10000$
Less	Cheque deposited but not credited	$7500$
Less	Bank charges not entered in cash book	$50$
	Balance as per pass book (Cr.)	$2450$