Bank balance as per cash book of ABC Enterprises as on 31 st March, 2013 is ₹1,500. Cheques deposited with bank but not cleared amount to ₹100 and cheques issued but not presented for payment amount to ₹150. The bank all
CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
Bank balance as per cash book of ABC Enterprises as on 31 st March, 2013 is ₹1,500. Cheques deposited with bank but not cleared amount to ₹100 and cheques issued but not presented for payment amount to ₹150. The bank allowed interest amounting to ₹50 and collected dividend ₹50 on behalf of ABC Enterprises. Balance as per pass book should be —
Answer & Explanation:
Correct Answer: Option (D)
Correct answer: (D) ₹1,650.. Pass-book balance = 1,500 − 100 + 150 + 50 + 50 = 1,650.
Topics: Fundamentals of Accounting
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