Multiple choice

Bank balance as per cash book is Rs. 5750. The reconciliation statement shows difference of Rs. 550 due to bank charges debited by the bank, which was not accounted for. What is the correct bank balance as per bank pass book?

  1. Rs. 5200

  2. Rs. 6300

  3. Rs. 5750

  4. Rs. 6750

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation
Bank Balance as per cash book
= Rs. 5750
Less: Bank charges debited by bank
= Rs. 550
Correct Balance as per Pass Book
= Rs. 5200