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CA Foundation · Accounting · Bank Reconciliation Statement

The pass book of Rao & Sons shows a credit balance of ₹80,000. Cheques of ₹12,000 were issued but not yet presented, and cheques of ₹9,000 were deposited but not yet credited by the bank. The balance as per the cash book is:

The cash book balance is ₹77,000 (debit). Starting from the pass book balance of ₹80,000, deduct the uncleared issued cheques of ₹12,000 and add the uncredited deposited cheques of ₹9,000, giving ₹77,000.

  1. A₹77,000Correct
  2. B₹83,000
  3. C₹101,000
  4. D₹59,000

Explanation

Starting from the pass book: deduct issued but unpresented cheques of ₹12,000 and add deposited but uncleared cheques of ₹9,000. So 80,000 minus 12,000 plus 9,000 equals ₹77,000. The option ₹83,000 reverses both signs.

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