Question

On $31$st March, $2012$ the pass book of Z showed a credit balance of Rs. $2,16,000$. A comparison of pass book and cash book revealed the following:
- Cheques deposited but not cleared by $31$st March $1,08,150$
- Cheques issued by Z but not $26,000$ presented for payment before $1$st April, $2012$
Balance as per cash book will be ______ .

• A. Rs. $81,850$
• B. Rs. $1,33,850$
• C. Rs. $2,98,150$
• D. Rs. $3,50,150$

Answer 1

Answer: (C)

Rs. $2,98,150$

The reconciliation is as follows :

	Particulars	Amount in Rs.
	Balance as per pass book (Cr.)	$216000$
Add	Cheque deposited but not cleared	$108150$
Less	Cheque issued but not presented for payment	$26000$
	Balance as per cash book (Dr.)	$298150$