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Debit balance as per cash book Rs.2000

Cheques deposited but not cleared Rs. 100

Cheques issued but not presented Rs. 150

Bank allowed interest Rs. 50

Bank collected dividend Rs. 50

Balance as per Pass Book will be:

  • a)
    Rs. 2,100

  • b)
    Rs. 1,950

  • c)
    Rs. 2,350

  • d)
    Rs. 2,150

Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Debit balance as per cash book Rs.2000Cheques deposited but not cleare...
Calculation of Balance as per Pass Book:

Debit balance as per cash book = Rs. 2000

Cheques deposited but not cleared = Rs. 100

Cheques issued but not presented = Rs. 150

Bank allowed interest = Rs. 50

Bank collected dividend = Rs. 50

Adding the above transactions:

2000 + 100 - 150 + 50 + 50 = Rs. 2,050

Adjustment for Cheques:

Cheques issued but not presented = Rs. 150

Cheques deposited but not cleared = Rs. 100

Net adjustment for cheques = Rs. 50 (150 - 100)

Adding net adjustment for cheques to the balance as per pass book:

Rs. 2,050 + Rs. 50 = Rs. 2,100

Therefore, the correct answer is option 'D' - Rs. 2,150.
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Community Answer
Debit balance as per cash book Rs.2000Cheques deposited but not cleare...
Dr. balance as per cash book means favorable balance
2000-100+150+50+50=2150
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Debit balance as per cash book Rs.2000Cheques deposited but not cleared Rs. 100Cheques issued but not presented Rs. 150Bank allowed interest Rs. 50Bank collected dividend Rs. 50Balance as per Pass Book will be:a)Rs. 2,100b)Rs. 1,950c)Rs. 2,350d)Rs. 2,150Correct answer is option 'D'. Can you explain this answer?
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Debit balance as per cash book Rs.2000Cheques deposited but not cleared Rs. 100Cheques issued but not presented Rs. 150Bank allowed interest Rs. 50Bank collected dividend Rs. 50Balance as per Pass Book will be:a)Rs. 2,100b)Rs. 1,950c)Rs. 2,350d)Rs. 2,150Correct answer is option 'D'. 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 Debit balance as per cash book Rs.2000Cheques deposited but not cleared Rs. 100Cheques issued but not presented Rs. 150Bank allowed interest Rs. 50Bank collected dividend Rs. 50Balance as per Pass Book will be:a)Rs. 2,100b)Rs. 1,950c)Rs. 2,350d)Rs. 2,150Correct answer is option 'D'. 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 Debit balance as per cash book Rs.2000Cheques deposited but not cleared Rs. 100Cheques issued but not presented Rs. 150Bank allowed interest Rs. 50Bank collected dividend Rs. 50Balance as per Pass Book will be:a)Rs. 2,100b)Rs. 1,950c)Rs. 2,350d)Rs. 2,150Correct answer is option 'D'. Can you explain this answer?.
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