Multiple choice

Bank reconciliation statement as on 30.6.2006

   
Particulars Debit Credit
Balance as per cash book 22,575
Cheque deposited but not yet realized 50,000
Cheque issued but not yet paid 30,000
Bank charges charged by the bank 1,000
Balance as per pass book 1,575
52,575 52,575

The balance to be shown in the balance sheet is

  1. Overdraft Rs. 21,575

  2. Deposit Rs. 22,575

  3. Deposit Rs. 21,575

  4. Overdraft Rs. 1,575
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The cash book should show the actual balance which should be taken as 22,575 - 1,000 for bank charges not adjusted in the cash book earlier.

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