MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Errors Committed in Recording Transactions

When overdraf...

Question

When overdraft as per Cash Book is the starting point, Bank charges of Rs 300 recorded twice in the pass book will be:

A

Added by Rs 300

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Deducted by Rs 300

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

Deducted by Rs 600

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Added by Rs 600

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
Deducted by Rs 300

Since Rs 300 have been deducted extra in pass book, it shall be deducted in cash book also.

Suggest Corrections

thumbs-up

6

Similar questions

Q. When overdraft as per pass book is the starting point, bank charges of Rs 100 recorded twice in cash book will be ___________.

Q. When the overdraft as per Cash Book is the starting point, a cheque of Rs.1,00,000 deposited into Bank but not recorded in Cash Book will be:

Q. When the overdraft as per cash book is the starting point, a cheque for Rs 500 deposited into bank but not recorded in cash book will be _________.

The bank charges of Rs 100 were recorded twice in cash book. What will be the impact in BRS, if it starts with overdraft balance in pass book.

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

76, 350

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

600

was not entered in cash books.
- Cheques amounting to Rs.

750

has been dishonoured but not recorded in cash book.
Balance as per cash book will be _________ .

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Bank Reconciliation Part 2

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Errors Committed in Recording Transactions

Standard XI Accountancy

Join BYJU'S Learning Program

CrossIcon