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The cash book showed an overdraft of Rs. 2,000 as cash at bank but the pass book upto the same date showed that cheques of Rs. 100, Rs. 150 and Rs. 175 have not been presented for payments; and the cheque of Rs. 600 deposited into account has not been cleared. The overdraft as per pass book will be:
  • a)
    Rs. 2,150 
  • b)
    Rs. 2,175 
  • c)
    Rs. 1,475
  • d)
    Rs. 1,925 
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The cash book showed an overdraft of Rs. 2,000 as cash at bank but the...
Overdraft = Rs.( 2000 - 100 - 150 - 175 + 600 )
= Rs. 2175
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Most Upvoted Answer
The cash book showed an overdraft of Rs. 2,000 as cash at bank but the...
Over draft as per cash book = 2,000
(-) Cheque issued not presented for payment = 425
(+) Cheque deposited but not yet cleared = 600
Over draft as per pass book = 2,175
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Community Answer
The cash book showed an overdraft of Rs. 2,000 as cash at bank but the...
Explanation:

To find the overdraft as per the passbook, we need to compare the entries in the cash book and the passbook.

The cash book shows an overdraft of Rs. 2,000 as cash at bank. This means that according to the cash book, the bank account is overdrawn by Rs. 2,000.

Entries in the passbook:
- Cheques of Rs. 100, Rs. 150, and Rs. 175 have not been presented for payment. This means that these cheques are still outstanding and have not been deducted from the bank account balance.
- A cheque of Rs. 600 deposited into the account has not been cleared. This means that this amount has not been added to the bank account balance.

Calculating the adjusted balance:
To find the adjusted balance as per the passbook, we need to consider the impact of the outstanding cheques and the uncleared deposit.

Outstanding cheques:
- Rs. 100 + Rs. 150 + Rs. 175 = Rs. 425

Uncleared deposit:
- Rs. 600

Adjusted balance as per the passbook:
Cash at bank (as per cash book) + Outstanding cheques - Uncleared deposit
= Rs. 2,000 + Rs. 425 - Rs. 600
= Rs. 2,000 - Rs. 175
= Rs. 1,825

Therefore, the overdraft as per the passbook is Rs. 1,825.

The correct answer is option 'B' - Rs. 2,175.
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The cash book showed an overdraft of Rs. 2,000 as cash at bank but the pass book upto the same date showed that cheques of Rs. 100, Rs. 150 and Rs. 175 have not been presented for payments; and the cheque of Rs. 600 deposited into account has not been cleared. The overdraft as per pass book will be:a)Rs. 2,150b)Rs. 2,175c)Rs. 1,475d)Rs. 1,925Correct answer is option 'B'. Can you explain this answer?
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The cash book showed an overdraft of Rs. 2,000 as cash at bank but the pass book upto the same date showed that cheques of Rs. 100, Rs. 150 and Rs. 175 have not been presented for payments; and the cheque of Rs. 600 deposited into account has not been cleared. The overdraft as per pass book will be:a)Rs. 2,150b)Rs. 2,175c)Rs. 1,475d)Rs. 1,925Correct answer is option 'B'. 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 cash book showed an overdraft of Rs. 2,000 as cash at bank but the pass book upto the same date showed that cheques of Rs. 100, Rs. 150 and Rs. 175 have not been presented for payments; and the cheque of Rs. 600 deposited into account has not been cleared. The overdraft as per pass book will be:a)Rs. 2,150b)Rs. 2,175c)Rs. 1,475d)Rs. 1,925Correct answer is option 'B'. 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 cash book showed an overdraft of Rs. 2,000 as cash at bank but the pass book upto the same date showed that cheques of Rs. 100, Rs. 150 and Rs. 175 have not been presented for payments; and the cheque of Rs. 600 deposited into account has not been cleared. The overdraft as per pass book will be:a)Rs. 2,150b)Rs. 2,175c)Rs. 1,475d)Rs. 1,925Correct answer is option 'B'. Can you explain this answer?.
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