CA Foundation Exam  >  CA Foundation Questions  >  The bank balance as per Cash book on 31stDece... Start Learning for Free
The bank balance as per Cash book on 31st December is Rs. 8,560. From the following particulars find out the bank balance as per pass book
(i) On 18th December, the debit balance of Rs. 1, 700 was recorded as Credit balance in cash book
(ii) A Cheque of Rs. 500 issued was recorded twice in the cash book
(iii) A cheque of Rs. 250 issued, was not recorded in cash book
(iv) Dividend collected Rs. 250 and subscription paid Rs. 100 by bank were not recorded in cash book.
  • a)
    Rs. 12,360
  • b)
    Rs. 7,560
  • c)
    Rs. 10,660
  • d)
    Rs. 12,660
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The bank balance as per Cash book on 31stDecember is Rs. 8,560.From th...
Finding Bank Balance as per Pass Book

Given:
Bank balance as per Cash book on 31st December = Rs. 8,560

(i) On 18th December, the debit balance of Rs.1,700 was recorded as Credit balance in cash book
(ii) A Cheque of Rs. 500 issued was recorded twice in the cash book
(iii) A cheque of Rs. 250 issued, was not recorded in cash book
(iv) Dividend collected Rs. 250 and subscription paid Rs. 100 by bank were not recorded in cash book.

To find: Bank balance as per Pass Book

Solution:

Step 1: Prepare a Bank Reconciliation Statement (BRS) to identify the reconciling items.

Bank Reconciliation Statement (BRS)
Particulars Amount (Rs.)
Bank balance as per Cash book (Given) 8,560
Add: Debit balance of Rs. 1,700 wrongly recorded as credit balance on 18th December 1,700
Less: Cheque of Rs. 500 issued but recorded twice in the cash book 500
Add: Cheque of Rs. 250 issued but not recorded in cash book 250
Add: Dividend collected by bank but not recorded in cash book 250
Add: Subscription paid by bank but not recorded in cash book 100
Bank balance as per Pass book 12,360

Step 2: Interpret the BRS.

Based on the above BRS, the bank balance as per Pass book is Rs. 12,360.

Therefore, option 'A' is the correct answer.
Free Test
Community Answer
The bank balance as per Cash book on 31stDecember is Rs. 8,560.From th...
Balance as per cash book
8560
1. +3400
2. +500
3. -250
4. +150
=12,360
Explore Courses for CA Foundation exam

Similar CA Foundation Doubts

The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer?
Question Description
The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer?.
Solutions for The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer?, a detailed solution for The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The bank balance as per Cash book on 31stDecember is Rs. 8,560.From the following particulars find out the bank balance as per pass book(i) On 18th December, the debit balance of Rs.1, 700 was recorded as Credit balance incash book(ii) A Cheque of Rs. 500 issued was recordedtwice in the cash book(iii) A cheque of Rs. 250 issued, was notrecorded in cash book(iv) Dividend collectedRs. 250 andsubscription paid Rs. 100 by bank were notrecorded in cash book.a)Rs. 12,360b)Rs. 7,560c)Rs. 10,660d)Rs. 12,660Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev