Rs.5,000 deposited in the bank was entered twice in the cash book. To adjust the same, an amount of shall be from the balance as per cash book

Rs.5,000

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Rs.10,000

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added

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deducted

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Solution

The correct options are
A Rs.5,000
D deducted
Since the amount is entered twice in the cash book, the bank balance will be overstated by Rs.5,000. To nullify the same, Rs.5,000 is deducted from the balance of cash book.

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Similar questions

Rs 5,000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.

	₹
(i) Bank Balance as per Pass Book.	10,000
(ii) Cheque deposited into bank but no entry was passed in Cash Book.	500
(iii) Cheque received and entered in Cash Book but not sent to bank.	1,200
(iv) Insurance premium paid directly by the bank.	800
(v) Bank charges entered twice in the Cash Book.	20
(vi) Cheque received entered twice in Cash Book.	1,000
(vii) Bill discounted dishonoured not recorded in the cash book.	5,000