Multiple Choice Questions on Overdraft as per Cash book is Rs 20 000 Cheques issued but not presented for payment Rs 5000 Bank ch........... for UPSC EPFO Exam Preparation

Back to Main Page

Multiple Choice Questions

Overdraft as per Cash book is Rs 20 000 Cheques issued but not presented for payment Rs 5000 Bank ch...........

General Accounting Principles Bank reconciliation statement
    Download Solution PDF
    Overdraft as per Cash book is Rs. 20,000. Cheques issued but not presented for payment Rs. 5000. Bank charges deducted by bank Rs. 200.Balance as per passbook is- 

     Bank overdraft 15,200

    Correct Answer

    Bank balance 15,200

    Incorrect Answer

    Bank overdraft -14,800

    Incorrect Answer

    None of the above

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Bank reconciliation statement
    Prepare through Micro-courses
    Try Now
    Explanation:

    Overdraft – Rs 20,000 
    Cheques issued but not presented for payment +5000
    Bank charges -200
    Bank overdraft = -20,000 +5,000-200= 15,200

    Let's Discuss

    siddharth singh chauhan

    15200 should be bank overdraft instead of bank balance ??

    0 0 reply

    AP

    Answer in explanation differs from given answer

    0 0 reply

    Sumit Narayan

    explanation does not match with the answer. Pls correct

    0 0 reply
    Master
    Bank reconciliation statement
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free

    Search on abhipedia