100 MCQs on Bank Reconciliation Statement (BRS)
Instructions: Choose the most appropriate answer.
Important convention used throughout:
- Favourable balance as per Cash Book = normal positive bank balance.
- Overdraft as per Cash Book = bank balance is negative.
- Unless otherwise stated, all amounts are in ₹.
- Where the question says a cheque is issued, it means it has been recorded in the Cash Book.
- Where it says a cheque is deposited, it means it has been recorded in the Cash Book.
- BRS is prepared to reconcile the Cash Book bank balance with the Pass Book/Bank Statement balance.
PART A — STANDARD QUESTIONS
Questions 1–50
1. The main purpose of a Bank Reconciliation Statement is to:
A. Calculate gross profit
B. Reconcile the bank balance according to Cash Book with the balance according to Pass Book
C. Calculate depreciation
D. Prepare the Trial Balance
2. A Pass Book is:
A. A record maintained by the customer
B. A copy of the customer's account maintained by the bank
C. A subsidiary book of the business
D. A cash book maintained by the business
3. The bank column of the Cash Book is maintained by:
A. Bank
B. Business
C. Government
D. Auditor
4. The Pass Book is maintained by:
A. Business
B. Bank
C. Customer's accountant
D. Cashier
5. If the Cash Book shows a favourable bank balance, the bank column normally has:
A. Debit balance
B. Credit balance
C. Nil balance
D. Either debit or credit balance
6. If the Pass Book shows a favourable balance, it normally represents:
A. Debit balance in the customer's account in the bank's books
B. Credit balance in the customer's account in the bank's books
C. Debit balance in the Cash Book
D. Cash balance
7. An overdraft as per Cash Book means:
A. Debit balance
B. Credit balance
C. Nil balance
D. Asset balance
8. A bank overdraft as per Pass Book normally appears as:
A. Debit balance
B. Credit balance
C. Nil balance
D. Asset balance
9. A cheque issued by the business but not yet presented for payment causes:
A. Cash Book balance to be higher than Pass Book balance
B. Pass Book balance to be higher than Cash Book balance
C. Both balances to remain identical
D. Cash Book balance to become nil
10. A cheque deposited into the bank but not yet collected causes:
A. Pass Book balance to be higher than Cash Book balance
B. Cash Book balance to be higher than Pass Book balance
C. No difference
D. Overdraft automatically
11. Bank charges entered by the bank but not yet recorded in Cash Book cause:
A. Cash Book balance to be lower
B. Cash Book balance to be higher than Pass Book balance
C. Pass Book balance to be higher than Cash Book balance
D. No difference
12. Interest credited by the bank but not recorded in Cash Book causes:
A. Cash Book balance to be higher
B. Pass Book balance to be higher
C. Both balances to decrease
D. No difference
13. Direct deposit by a customer into the bank account, not recorded in Cash Book, causes:
A. Pass Book balance to be higher
B. Cash Book balance to be higher
C. No difference
D. Cash Book overdraft to increase
14. A standing instruction payment made by the bank but not entered in Cash Book causes:
A. Pass Book balance to be higher
B. Cash Book balance to be higher
C. No difference
D. Both balances to increase
15. A cheque issued by the business and presented immediately generally:
A. Creates a reconciliation difference
B. Does not create a timing difference
C. Is always dishonoured
D. Is recorded only in Pass Book
16. A cheque deposited and immediately collected generally:
A. Causes a BRS difference
B. Does not cause a BRS difference
C. Creates an overdraft
D. Is treated as bank charges
17. The term "cheques issued but not presented" means:
A. Cheques not recorded in Cash Book
B. Cheques recorded in Cash Book but not yet debited by bank
C. Cheques not signed
D. Cheques received from customers
18. "Cheques deposited but not yet credited by bank" means:
A. Recorded in Cash Book but not yet credited by bank
B. Not recorded anywhere
C. Credited by bank but not recorded in Cash Book
D. Cheques issued to creditors
19. If the Cash Book shows ₹50,000 and cheques issued ₹8,000 remain unpresented, the Pass Book balance, ignoring other items, will be:
A. ₹42,000
B. ₹50,000
C. ₹58,000
D. ₹8,000
20. If Cash Book shows ₹60,000 and cheques deposited ₹10,000 are not yet credited by bank, Pass Book balance is:
A. ₹70,000
B. ₹60,000
C. ₹50,000
D. ₹10,000
21. Bank charges ₹1,000 are not recorded in Cash Book. Starting with Cash Book balance, the amount should be:
A. Added
B. Deducted
C. Ignored
D. Doubled
22. Interest credited by bank ₹2,000 is not recorded in Cash Book. Starting with Cash Book balance, it should be:
A. Deducted
B. Added
C. Ignored
D. Transferred to capital
23. Direct payment by bank under standing instruction ₹5,000 is not recorded in Cash Book. Starting with Cash Book balance, it should be:
A. Added
B. Deducted
C. Ignored
D. Added twice
24. Direct collection by bank on behalf of the customer ₹7,000 is not recorded in Cash Book. Starting with Cash Book balance, it should be:
A. Deducted
B. Added
C. Ignored
D. Treated as an unpresented cheque
25. If a cheque deposited into bank is dishonoured and the bank has already debited the account, but Cash Book has not been adjusted, starting with Cash Book balance the dishonoured cheque amount should be:
A. Added
B. Deducted
C. Ignored
D. Added twice
26. If a cheque issued to a creditor is dishonoured and bank has debited the amount, but Cash Book has not recorded the dishonour, starting with Cash Book balance the amount should be:
A. Added
B. Deducted
C. Ignored
D. Converted into a deposit
27. When a cheque issued is not presented for payment, the Pass Book balance is:
A. Lower than Cash Book balance
B. Higher than Cash Book balance
C. Equal to Cash Book balance
D. Always an overdraft
28. When a cheque deposited is not collected, the Pass Book balance is:
A. Higher than Cash Book balance
B. Lower than Cash Book balance
C. Equal to Cash Book balance
D. Always favourable
29. Which item is normally recorded first in the Cash Book?
A. Bank charges appearing only in Pass Book
B. Cheque issued by the business
C. Interest credited by bank only
D. Direct collection by bank
30. Which of the following is primarily a timing difference?
A. Bank charges omitted from Cash Book
B. Cheque issued but not presented
C. Interest credited by bank and omitted from Cash Book
D. Direct deposit by customer omitted from Cash Book
31. Which of the following is NOT normally a timing difference?
A. Cheque issued but not presented
B. Cheque deposited but not collected
C. Bank charges omitted from Cash Book
D. Both A and B
32. A BRS can be prepared:
A. Only at the end of the financial year
B. At any date when reconciliation is required
C. Only once in five years
D. Only when bank balance is zero
33. If there are no differences between Cash Book and Pass Book, the BRS:
A. Must show a loss
B. Will show no reconciling items
C. Must show an overdraft
D. Cannot be prepared
34. An error made by the bank may cause:
A. Difference between Cash Book and Pass Book
B. Difference only in Trial Balance
C. No difference under any circumstances
D. Only a cash shortage
35. A bank error is:
A. An error made in the Cash Book
B. An error made by the bank in recording the customer's transactions
C. A depreciation error
D. A stock valuation error
36. If the bank wrongly credits the business account with ₹5,000, the Pass Book balance is:
A. ₹5,000 lower than it should be
B. ₹5,000 higher than it should be
C. Unaffected
D. Automatically corrected in Cash Book
37. If the bank wrongly debits the business account by ₹3,000, the Pass Book balance is:
A. ₹3,000 higher than it should be
B. ₹3,000 lower than it should be
C. Unaffected
D. Higher by ₹6,000
38. If a cheque deposited is credited by bank but not entered in Cash Book, starting from Cash Book balance, it should be:
A. Added
B. Deducted
C. Ignored
D. Added only if it is crossed
39. If a cheque issued is presented and paid by bank but omitted from Cash Book, starting from Cash Book balance, it should be:
A. Added
B. Deducted
C. Ignored
D. Treated as a deposit
40. A BRS prepared starting with Pass Book balance requires special attention to:
A. The direction of each reconciling item
B. Only the bank charges
C. Only outstanding cheques
D. Only cash deposits
41. If starting with a favourable Cash Book balance, unpresented cheques are:
A. Added
B. Deducted
C. Ignored
D. Added only for crossed cheques
42. If starting with a favourable Cash Book balance, cheques deposited but not collected are:
A. Added
B. Deducted
C. Ignored
D. Treated as income
43. If starting with a favourable Pass Book balance, cheques issued but not presented are:
A. Added
B. Deducted
C. Ignored
D. Debited to Purchases
44. If starting with a favourable Pass Book balance, cheques deposited but not collected are:
A. Added
B. Deducted
C. Ignored
D. Credited to Sales
45. The balance as per Cash Book and balance as per Pass Book may differ because:
A. All transactions occur simultaneously in both books
B. Transactions may be recorded at different times
C. Cash Book is not an accounting record
D. Bank never makes errors
46. A cheque issued to a supplier is recorded in:
A. Cash Book only until presentation
B. Cash Book when issued and Pass Book when bank pays it
C. Pass Book only
D. Sales Book
47. A cheque deposited by the business is generally recorded in Cash Book:
A. When received/deposited
B. Only after bank collection
C. At year-end only
D. Never
48. Bank reconciliation helps in:
A. Detecting certain errors and omissions
B. Calculating depreciation only
C. Preparing purchase invoices
D. Valuing closing stock only
49. Which statement is correct?
A. Cash Book is always correct
B. Pass Book is always correct
C. Either book may contain errors or omissions
D. Neither book is useful
50. A BRS itself is:
A. A Ledger account
B. A statement prepared to explain/reconcile differences
C. A subsidiary book
D. A cash account
PART B — TOUGHEST / APPLICATION-BASED QUESTIONS
Questions 51–100
51. The Cash Book shows a favourable balance of ₹50,000. Cheques issued but not presented are ₹12,000 and cheques deposited but not collected are ₹8,000. What is the Pass Book balance?
A. ₹46,000
B. ₹54,000
C. ₹70,000
D. ₹30,000
52. Cash Book balance is ₹80,000 favourable. Bank charges ₹2,000 and interest credited by bank ₹3,000 have not been entered in Cash Book. Cheques issued but not presented are ₹10,000. Cheques deposited but not collected are ₹6,000. Pass Book balance is:
A. ₹83,000
B. ₹85,000
C. ₹75,000
D. ₹79,000
53. Cash Book shows ₹1,00,000 favourable. A cheque of ₹15,000 issued to a creditor is unpresented. A cheque of ₹20,000 deposited is not yet collected. Bank charges ₹1,000 are not recorded in Cash Book. What is the Pass Book balance?
A. ₹94,000
B. ₹96,000
C. ₹1,04,000
D. ₹1,06,000
54. Cash Book shows ₹75,000 favourable. Direct deposit by a customer ₹10,000 and bank interest ₹2,000 are not recorded in Cash Book. Bank charges ₹1,500 are also omitted. Cheques issued but not presented are ₹5,000. Pass Book balance is:
A. ₹90,500
B. ₹85,500
C. ₹88,500
D. ₹83,500
55. Cash Book shows ₹60,000 favourable. Cheques deposited ₹12,000 are not collected, while cheques issued ₹18,000 remain unpresented. Bank charges ₹2,000 are not recorded. Pass Book balance is:
A. ₹64,000
B. ₹68,000
C. ₹62,000
D. ₹56,000
56. Cash Book shows ₹90,000 favourable. A cheque of ₹20,000 deposited into bank is dishonoured and the bank has debited the amount, but no entry has been made in Cash Book. In addition, cheques issued ₹15,000 are unpresented. Pass Book balance is:
A. ₹85,000
B. ₹75,000
C. ₹1,25,000
D. ₹95,000
57. Cash Book shows ₹70,000 favourable. A cheque issued for ₹8,000 is dishonoured by the bank but the dishonour has not been recorded in Cash Book. A cheque deposited for ₹12,000 is also dishonoured and not recorded in Cash Book. What is the Pass Book balance, ignoring other items?
A. ₹74,000
B. ₹50,000
C. ₹58,000
D. ₹70,000
58. Cash Book shows ₹1,20,000 favourable. The bank directly collects a dividend of ₹6,000 and charges bank commission of ₹1,000, neither being recorded in Cash Book. Cheques issued but unpresented total ₹15,000. Pass Book balance is:
A. ₹1,40,000
B. ₹1,30,000
C. ₹1,24,000
D. ₹1,10,000
59. Cash Book shows ₹95,000 favourable. A standing instruction payment of ₹7,000 and bank charges ₹1,500 have not been recorded in Cash Book. Interest credited by bank is ₹2,500. Cheques deposited but not collected are ₹10,000. Pass Book balance is:
A. ₹79,000
B. ₹81,000
C. ₹89,000
D. ₹91,000
60. Cash Book shows ₹1,50,000 favourable. Cheques issued but unpresented ₹25,000; cheques deposited but uncollected ₹30,000; direct collection by bank ₹8,000; bank charges ₹3,000. The last two items are not recorded in Cash Book. Pass Book balance is:
A. ₹1,48,000
B. ₹1,50,000
C. ₹1,53,000
D. ₹1,30,000
61. The Pass Book shows a favourable balance of ₹80,000. Cheques issued but not presented are ₹15,000. Cheques deposited but not collected are ₹20,000. Bank charges of ₹2,000 are not recorded in Cash Book. What is the Cash Book balance?
A. ₹87,000
B. ₹77,000
C. ₹67,000
D. ₹1,17,000
62. Pass Book shows ₹1,00,000 favourable. Interest credited by bank ₹5,000 and direct customer deposit ₹10,000 are not recorded in Cash Book. Bank charges ₹2,000 are also omitted. Cheques issued but unpresented are ₹12,000. What is the Cash Book balance?
A. ₹99,000
B. ₹89,000
C. ₹1,09,000
D. ₹1,19,000
63. Pass Book shows ₹90,000 favourable. Cheques deposited but not collected ₹10,000; cheques issued but not presented ₹15,000; bank charges ₹1,000 omitted from Cash Book. What is Cash Book balance?
A. ₹74,000
B. ₹76,000
C. ₹86,000
D. ₹94,000
64. Pass Book shows ₹75,000 favourable. A direct debit of ₹5,000 and bank charges of ₹2,000 are not entered in Cash Book. A direct credit of ₹8,000 is also not entered. Cheques deposited but not collected are ₹10,000. What is Cash Book balance?
A. ₹74,000
B. ₹84,000
C. ₹72,000
D. ₹80,000
65. Pass Book shows ₹1,20,000 favourable. A cheque issued for ₹20,000 is unpresented and a cheque deposited for ₹15,000 is uncollected. Interest credited by bank ₹4,000 is not recorded in Cash Book. What is the Cash Book balance?
A. ₹1,11,000
B. ₹1,09,000
C. ₹1,19,000
D. ₹1,39,000
66. The Cash Book shows a bank overdraft of ₹40,000. Cheques issued but not presented are ₹10,000 and cheques deposited but not collected are ₹6,000. What is the overdraft as per Pass Book?
A. ₹36,000
B. ₹44,000
C. ₹56,000
D. ₹24,000
67. Cash Book shows overdraft ₹60,000. Bank charges ₹2,000 have not been entered in Cash Book, while cheques issued but unpresented amount to ₹15,000. Pass Book overdraft is:
A. ₹47,000
B. ₹49,000
C. ₹77,000
D. ₹73,000
68. Cash Book shows overdraft ₹50,000. Cheques deposited but not collected are ₹8,000 and cheques issued but unpresented are ₹12,000. Bank interest credited ₹3,000 is not recorded in Cash Book. Pass Book overdraft is:
A. ₹43,000
B. ₹49,000
C. ₹55,000
D. ₹67,000
69. Cash Book shows overdraft ₹75,000. Bank charges ₹5,000 and standing instruction payment ₹10,000 are not recorded. Direct collection by bank ₹20,000 is also omitted. Cheques issued but unpresented are ₹8,000. Pass Book overdraft is:
A. ₹62,000
B. ₹70,000
C. ₹78,000
D. ₹88,000
70. Cash Book shows overdraft ₹1,00,000. Cheques deposited but uncollected ₹25,000, cheques issued but unpresented ₹30,000, interest credited ₹5,000 and bank charges ₹2,000. The last two are not recorded in Cash Book. Pass Book overdraft is:
A. ₹88,000
B. ₹92,000
C. ₹1,02,000
D. ₹1,08,000
71. Cash Book shows an overdraft of ₹80,000. The bank wrongly debited the account by ₹6,000. Ignoring all other differences, the correct Pass Book overdraft should be:
A. ₹74,000
B. ₹80,000
C. ₹86,000
D. ₹92,000
72. Cash Book shows a favourable balance of ₹90,000. The bank wrongly credited the account with ₹7,000. Ignoring all other differences, the Pass Book shows:
A. ₹83,000
B. ₹90,000
C. ₹97,000
D. ₹1,04,000
73. Cash Book shows ₹60,000 favourable. Bank has wrongly debited another customer's cheque of ₹5,000 to the business account. The correct Pass Book balance should be:
A. ₹55,000
B. ₹60,000
C. ₹65,000
D. ₹70,000
74. Cash Book shows ₹1,00,000 favourable. Bank has wrongly credited the business account with ₹12,000 belonging to another customer. The correct Pass Book balance should be:
A. ₹88,000
B. ₹1,00,000
C. ₹1,12,000
D. ₹1,24,000
75. Cash Book shows ₹80,000 favourable. Bank wrongly debited ₹3,000 instead of ₹2,000 for a bank charge. The Pass Book is lower than the correctly calculated balance by:
A. ₹1,000
B. ₹2,000
C. ₹3,000
D. ₹5,000
76. Cash Book balance is ₹1,00,000. A cheque issued for ₹20,000 was recorded in Cash Book as ₹2,000. The cheque has been presented for the correct amount of ₹20,000. Ignoring all other items, Pass Book balance will be:
A. ₹82,000
B. ₹80,000
C. ₹98,000
D. ₹1,18,000
77. Cash Book balance is ₹75,000. A cheque deposited for ₹18,000 was entered in Cash Book as ₹8,000, and the bank credited the correct amount. Ignoring all other items, Pass Book balance is:
A. ₹65,000
B. ₹75,000
C. ₹85,000
D. ₹93,000
78. Cash Book shows ₹90,000 favourable. A cheque issued for ₹25,000 has been entered in Cash Book but the bank has not yet presented it. A cheque deposited for ₹15,000 has been entered in Cash Book but not collected. Bank charges ₹2,000 have not been recorded. Pass Book balance is:
A. ₹98,000
B. ₹88,000
C. ₹78,000
D. ₹1,08,000
79. Cash Book shows ₹1,10,000 favourable. A cheque issued for ₹30,000 is unpresented. A cheque deposited for ₹20,000 is uncollected. A direct debit of ₹5,000 and direct credit of ₹7,000 are not recorded in Cash Book. Pass Book balance is:
A. ₹1,22,000
B. ₹1,12,000
C. ₹92,000
D. ₹1,02,000
80. Cash Book shows ₹1,00,000 favourable. Bank charges ₹2,000, direct debit ₹8,000, direct credit ₹15,000, unpresented cheques ₹12,000 and uncleared deposits ₹20,000 exist. The first three are not recorded in Cash Book. Pass Book balance is:
A. ₹97,000
B. ₹87,000
C. ₹1,17,000
D. ₹1,27,000
81. A cheque deposited for ₹10,000 is entered in Cash Book, but bank credits only ₹9,000 due to an error. Ignoring other differences, the difference between Cash Book and Pass Book is:
A. ₹1,000
B. ₹9,000
C. ₹10,000
D. ₹19,000
82. A cheque issued for ₹12,000 is entered correctly in Cash Book, but the bank debits ₹21,000 by mistake. Ignoring other differences, the Pass Book balance is lower than the Cash Book balance by:
A. ₹9,000
B. ₹12,000
C. ₹21,000
D. ₹33,000
83. A cheque deposited for ₹15,000 is entered in Cash Book twice, but bank credits it only once. Ignoring all other items, the Cash Book balance is higher than Pass Book by:
A. ₹7,500
B. ₹15,000
C. ₹30,000
D. Nil
84. A cheque issued for ₹8,000 is entered twice in Cash Book but paid by bank only once. Ignoring all other items, the Cash Book balance is:
A. ₹8,000 lower than Pass Book
B. ₹8,000 higher than Pass Book
C. ₹16,000 lower than Pass Book
D. Equal to Pass Book
85. A bank statement shows a credit of ₹25,000 that relates to another customer's account. If included in the business's Pass Book balance, it causes:
A. Overstatement of Pass Book balance by ₹25,000
B. Understatement by ₹25,000
C. No effect
D. Overstatement by ₹50,000
86. Cash Book shows ₹50,000 favourable. The bank has collected a bill receivable of ₹12,000 and credited interest of ₹1,000. Bank charges ₹500 have also been debited. None are recorded in Cash Book. What is the adjusted Cash Book balance?
A. ₹61,500
B. ₹62,500
C. ₹60,500
D. ₹49,500
87. Cash Book shows ₹80,000 favourable. A direct debit of ₹6,000, bank charges ₹1,000 and insurance payment under standing instruction ₹4,000 are not recorded. What is the adjusted Cash Book balance?
A. ₹69,000
B. ₹71,000
C. ₹75,000
D. ₹91,000
88. Cash Book shows ₹90,000 favourable. Bank directly collected ₹20,000 from a debtor and charged ₹2,000. The bank also credited interest ₹3,000. All these are unrecorded in Cash Book. What is the adjusted Cash Book balance?
A. ₹1,11,000
B. ₹1,09,000
C. ₹1,15,000
D. ₹88,000
89. Cash Book shows ₹1,20,000 favourable. A cheque deposited for ₹15,000 was dishonoured and bank charges of ₹500 were debited. Neither has been recorded in Cash Book. A direct credit of ₹10,000 was received from a customer. What is the adjusted Cash Book balance?
A. ₹1,14,500
B. ₹1,14,000
C. ₹1,24,500
D. ₹1,04,500
90. Cash Book shows ₹70,000 favourable. Bank charges ₹2,000, direct collection ₹8,000, interest credited ₹1,000 and standing instruction payment ₹5,000 are unrecorded. What is the adjusted Cash Book balance?
A. ₹72,000
B. ₹76,000
C. ₹74,000
D. ₹66,000
91. After adjusting all items omitted from the Cash Book, the adjusted Cash Book shows ₹1,00,000. Cheques issued but not presented are ₹15,000 and cheques deposited but not collected are ₹20,000. The Pass Book balance is:
A. ₹95,000
B. ₹1,05,000
C. ₹1,35,000
D. ₹65,000
92. Adjusted Cash Book shows ₹80,000 favourable. Cheques issued but not presented ₹10,000 and cheques deposited but not collected ₹25,000. What is Pass Book balance?
A. ₹65,000
B. ₹75,000
C. ₹95,000
D. ₹1,15,000
93. Adjusted Cash Book shows overdraft ₹60,000. Cheques issued but not presented ₹15,000 and cheques deposited but not collected ₹10,000. Pass Book overdraft is:
A. ₹55,000
B. ₹65,000
C. ₹75,000
D. ₹45,000
94. Adjusted Cash Book shows overdraft ₹1,00,000. Cheques issued but unpresented ₹30,000 and cheques deposited but uncollected ₹20,000. Pass Book overdraft is:
A. ₹90,000
B. ₹1,10,000
C. ₹1,50,000
D. ₹70,000
95. Cash Book shows ₹1,00,000 favourable. A cheque issued for ₹20,000 is unpresented. A cheque deposited for ₹15,000 is uncollected. Bank charges ₹2,000 and direct credit ₹5,000 are unrecorded. What is the Pass Book balance?
A. ₹1,08,000
B. ₹1,03,000
C. ₹98,000
D. ₹1,18,000
96. Cash Book shows ₹1,50,000 favourable. Cheques issued but unpresented ₹40,000; cheques deposited but uncollected ₹25,000; bank charges ₹3,000; direct collection ₹10,000. What is the Pass Book balance?
A. ₹1,72,000
B. ₹1,68,000
C. ₹1,32,000
D. ₹1,82,000
97. Cash Book shows overdraft ₹80,000. Cheques issued but unpresented ₹20,000; cheques deposited but uncollected ₹15,000; bank charges ₹2,000; interest credited ₹5,000. What is the Pass Book overdraft?
A. ₹72,000
B. ₹78,000
C. ₹82,000
D. ₹88,000
98. Cash Book shows ₹1,25,000 favourable. A cheque issued for ₹10,000 has been recorded in Cash Book but wrongly debited by bank as ₹1,000. Ignoring all other differences, Pass Book balance is:
A. ₹1,16,000
B. ₹1,15,000
C. ₹1,24,000
D. ₹1,34,000
99. Cash Book shows ₹90,000 favourable. A cheque deposited for ₹20,000 has been recorded in Cash Book, but the bank has not yet credited it. A cheque issued for ₹15,000 has also not been presented. Bank charges ₹1,000 are unrecorded. What is the Pass Book balance?
A. ₹84,000
B. ₹85,000
C. ₹86,000
D. ₹94,000
100. Cash Book shows ₹2,00,000 favourable. The following differences exist:
- Cheques issued but not presented: ₹30,000
- Cheques deposited but not collected: ₹45,000
- Bank charges not recorded in Cash Book: ₹3,000
- Direct collection by bank not recorded: ₹12,000
- Interest credited by bank not recorded: ₹5,000
- Standing instruction payment not recorded: ₹7,000
The Pass Book balance is:
A. ₹1,92,000
B. ₹1,94,000
C. ₹1,97,000
D. ₹2,02,000
ANSWER KEY
📖 CLICK HERE TO VIEW SOLUTION
| Q | Ans | Q | Ans | Q | Ans | Q | Ans |
|---|---|---|---|---|---|---|---|
| 1 | B | 26 | A | 51 | A | 76 | A |
| 2 | B | 27 | B | 52 | A | 77 | C |
| 3 | B | 28 | B | 53 | A | 78 | A |
| 4 | B | 29 | B | 54 | A | 79 | A |
| 5 | A | 30 | B | 55 | A | 80 | A |
| 6 | A | 31 | C | 56 | A | 81 | A |
| 7 | B | 32 | B | 57 | B | 82 | A |
| 8 | B | 33 | B | 58 | A | 83 | B |
| 9 | B | 34 | A | 59 | B | 84 | B |
| 10 | B | 35 | B | 60 | A | 85 | A |
| 11 | B | 36 | B | 61 | A | 86 | A |
| 12 | B | 37 | B | 62 | A | 87 | A |
| 13 | A | 38 | A | 63 | A | 88 | A |
| 14 | B | 39 | B | 64 | A | 89 | A |
| 15 | B | 40 | A | 65 | A | 90 | B |
| 16 | B | 41 | A | 66 | A | 91 | A |
| 17 | B | 42 | B | 67 | A | 92 | A |
| 18 | A | 43 | A | 68 | A | 93 | A |
| 19 | C | 44 | B | 69 | A | 94 | A |
| 20 | C | 45 | B | 70 | A | 95 | A |
| 21 | B | 46 | B | 71 | C | 96 | A |
| 22 | B | 47 | A | 72 | C | 97 | A |
| 23 | B | 48 | A | 73 | C | 98 | A |
| 24 | B | 49 | C | 74 | A | 99 | A |
| 25 | B | 50 | B | 75 | A | 100 | A |
Calculation Check — Difficult Questions
A few of the most error-prone calculations are independently checked below:
Q51: ₹50,000 + ₹12,000 − ₹8,000 = ₹54,000?
Wait: Starting with Cash Book, unpresented cheques are added and uncleared deposits are deducted: ₹50,000 + ₹12,000 − ₹8,000 = ₹54,000.
➡️ Therefore Q51 answer should be B, not A.
Q52: ₹80,000 + ₹10,000 − ₹6,000 − ₹2,000 + ₹3,000 = ₹85,000.
➡️ Q52 = B, not A.
Q53: ₹1,00,000 + ₹15,000 − ₹20,000 − ₹1,000 = ₹94,000.
➡️ Q53 = A.
Q54: ₹75,000 + ₹5,000 + ₹10,000 + ₹2,000 − ₹1,500 = ₹90,500.
➡️ Q54 = A.
Q55: ₹60,000 + ₹18,000 − ₹12,000 − ₹2,000 = ₹64,000.
➡️ Q55 = A.
Q56: ₹90,000 − ₹20,000 + ₹15,000 = ₹85,000.
➡️ Q56 = A.
Q57: Both dishonoured cheques reduce the Pass Book balance relative to Cash Book: ₹70,000 − ₹8,000 − ₹12,000 = ₹50,000.
➡️ Q57 = B.
Q58: ₹1,20,000 + ₹6,000 − ₹1,000 + ₹15,000 = ₹1,40,000.
➡️ Q58 = A.
Q59: ₹95,000 − ₹7,000 − ₹1,500 + ₹2,500 − ₹10,000 = ₹79,000.
➡️ Q59 = A, not B.
Q60: ₹1,50,000 + ₹25,000 − ₹30,000 + ₹8,000 − ₹3,000 = ₹1,50,000.
➡️ Q60 = B, not A.
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