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

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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
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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
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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
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