12. Kumar find that the bank balance shown by his cash book on December 31, 2017 is 90.600 (Credit) but the passbook shows a difference due to the following reason: A cheque (post dated) for 1,000 has been debited in the bank column of the cash book but not presented for payment. Also, a cheque for * 8,000 drawn in favour of Manohar has not yet been presented for payment. Cheques totaling 1,500 deposited in the bank have not yet ₹ been collected and cheque for 5,000 has been dishonoured. (Ans: overdraft as per passbook * 90,100).
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Verified answer
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⇒ Based on the information provided, let's calculate the adjusted bank balance as per the passbook:
Starting bank balance (as per cash book): ₹90,600 (Credit)
Adjustments:
So, the adjusted bank balance as per the passbook is ₹78,100 (Credit). Since the adjusted balance is in Credit, it implies an overdraft as per the passbook. The correct answer is ₹90,100 overdraft as per passbook.
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as of 31st March 2010
S.N Particulars Amt.(+) Amt.(-)
i
ii
iii
iv Overdraft as per Cash Book
A cheque posted in debit column of cash bank column has not been collected
Cheque issued to Manohar not presented for payment
Cheque deposit in bank for collection but not collected
Cheque dishonoured
Overdraft as per Pass Book