Multiple choice

Debit balance as per cash book of Sohan Brothers Enterprises as on 31.12.1999 is Rs. 1400 cheque deposited but not cleared amounts to Rs. 100, and cheque issued but not presented of Rs. 150. The bank allowed interest amounting to Rs. 50 and collected dividend of Rs. 50 on behalf of Sohan and Brothers enterprise. What should be the balance as per pass book?

  1. Rs. 1500

  2. Rs. 1600

  3. Rs. 1650

  4. Rs. 1550

  5. Rs. 1400
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Bank Reconciliation Statement Debit balance as per cheque book Rs 1400 (-) cheque deposited but not cleared Rs 100(+) cheque issued but not presented Rs 150 (+) bank allowed interest Rs 50 (+) dividend collected on behalf of Sohan Brothers Enterprise Rs 50. Balance as per pass book Rs 1550.

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