Multiple choice

Overdraft, as per passbook, is of 8000.

(i) Cheques deposited in the bank, unrecorded in cash book = 200 (ii) Cheques drawn, but not presented for payment = 5000 (iii) Bank charges not recorded in cash book = 300

Overdraft, as per cash book, is

  1. 13500

  2. 12900

  3. 3500

  4. 13100

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Correct;

Reconciliation = 8000 + 5000 + 200 - 300 = 12900