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Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book under cast by Rs. 2.000. Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book. Balance as per Pass Book is :
- a)Rs. 4,000
- b)Rs. 10,000
- c)Rs. 6,000
- d)None of the above
Correct answer is option 'A'. Can you explain this answer?
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Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book...
Calculation of Correct Balance as per Pass Book
Favourable balance as per Cash Book = Rs. 5,000
Debit side of Cash Book under cast by Rs. 2,000.
Therefore, the revised balance as per Cash Book = Rs. (5,000 - 2,000) = Rs. 3,000.
Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book.
Hence, the balance as per Cash Book should be further reduced by Rs. 3,000.
Therefore, the actual balance as per Cash Book = Rs. (3,000 - 3,000) = Rs. 0.
Now, we need to reconcile the Pass Book balance with the actual balance as per Cash Book.
The Pass Book balance will only reflect the amount of Rs. 3,000 that was deposited into the bank and not the dishonour.
Hence, the Pass Book balance will be Rs. (5,000 + 3,000) = Rs. 8,000.
However, since the actual balance as per Cash Book is Rs. 0, the correct balance as per Pass Book will be reduced by Rs. 8,000.
Therefore, the correct balance as per Pass Book = Rs. (8,000 - 8,000) = Rs. 4,000.
Hence, the correct answer is option 'A' - Rs. 4,000.
Favourable balance as per Cash Book = Rs. 5,000
Debit side of Cash Book under cast by Rs. 2,000.
Therefore, the revised balance as per Cash Book = Rs. (5,000 - 2,000) = Rs. 3,000.
Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book.
Hence, the balance as per Cash Book should be further reduced by Rs. 3,000.
Therefore, the actual balance as per Cash Book = Rs. (3,000 - 3,000) = Rs. 0.
Now, we need to reconcile the Pass Book balance with the actual balance as per Cash Book.
The Pass Book balance will only reflect the amount of Rs. 3,000 that was deposited into the bank and not the dishonour.
Hence, the Pass Book balance will be Rs. (5,000 + 3,000) = Rs. 8,000.
However, since the actual balance as per Cash Book is Rs. 0, the correct balance as per Pass Book will be reduced by Rs. 8,000.
Therefore, the correct balance as per Pass Book = Rs. (8,000 - 8,000) = Rs. 4,000.
Hence, the correct answer is option 'A' - Rs. 4,000.
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Community Answer
Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book...
Bal as per the cash book. 5000
(+) debit side undercast. 2000
(-)Dishonour cheque. (3000)
Bal as per the pass book. 4000
(+) debit side undercast. 2000
(-)Dishonour cheque. (3000)
Bal as per the pass book. 4000
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Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book under cast by Rs. 2.000. Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book. Balance as per Pass Book is :a)Rs. 4,000b)Rs. 10,000c)Rs. 6,000d)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
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Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book under cast by Rs. 2.000. Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book. Balance as per Pass Book is :a)Rs. 4,000b)Rs. 10,000c)Rs. 6,000d)None of the aboveCorrect 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 Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book under cast by Rs. 2.000. Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book. Balance as per Pass Book is :a)Rs. 4,000b)Rs. 10,000c)Rs. 6,000d)None of the aboveCorrect 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 Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book under cast by Rs. 2.000. Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book. Balance as per Pass Book is :a)Rs. 4,000b)Rs. 10,000c)Rs. 6,000d)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.
Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book under cast by Rs. 2.000. Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book. Balance as per Pass Book is :a)Rs. 4,000b)Rs. 10,000c)Rs. 6,000d)None of the aboveCorrect 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 Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book under cast by Rs. 2.000. Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book. Balance as per Pass Book is :a)Rs. 4,000b)Rs. 10,000c)Rs. 6,000d)None of the aboveCorrect 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 Favourable balance as per Cash Book Rs. 5,000. Debit side of Cash Book under cast by Rs. 2.000. Cheque deposited into bank Rs. 3,000 dishonoured but no entry for dishonour is made in cash book. Balance as per Pass Book is :a)Rs. 4,000b)Rs. 10,000c)Rs. 6,000d)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.
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