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Items in the BOP

Unfavourable ...

Question

Unfavourable balance as per bank pass book means ___________.

A

bank overdraft

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B

debit balance in pass book

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C

debit balance in cash book

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D

both A and B

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Solution

The correct option is D both A and B
The standard balance of cashbook is Dr. balance and the standard balance of passbook is Cr. balance i.e., Dr. balance of cashbook and Cr. balanced of passbook is considered as favorable balance. In case if passbook shows unfavorable balance then it would amount to either bank overdraft or debit balance in passbook.

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Similar questions

The cash book shows a balance of Rs.11,000 which was different from the balance as per bank statement. The difference is found to be due to a credit entry in pass book amounting to Rs.2,000 for direct payment by a customer in bank account. What would be the balance as per bank pass book?

Q. Bank balance as per pass book (Cr.) Rs.

40, 000

. A comparison of pass book and cash book revealed the following:
- Rs.

2, 360

was wrongly debited by bank.
- Transfer by bank to another account with no advice Rs.

10, 000

.
Balance as per cash book will be _______ .

Q. Bank balance as per cash book (Dr.) Rs.

10, 000

. A comparison of pass book and cash book revealed the following -
-Rs.

590

was wrongly debited by bank
-Transfer by bank to another account with no advice Rs.

2, 500

.
Balance as per pass book will be __________.

Q. Bank balance as per cash book (Dr.) Rs.

25, 450

. A comparison of pass book and cash book revealed the following:
- The bank had directly collected dividend of Rs.

400

and interest Rs.

300

.
- As per standing instruction bank had paid bills of Rs.

2, 000

.
Balance as per pass book will be ___________ .

Q. Bank balance as per pass book (Cr.) Rs.

5, 090

. A comparison of pass book and cash book revealed the following:
- The bank had directly collected dividend of Rs.

80

and interest Rs.

60

.
- As per standing instruction bank had paid bills of Rs.

400

.
Balance as per cash book will be _____________ .

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