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Bank reconciliation statement

Accountancy

Overdraft balance as per passbook.

IMG_20211212_121436.jpg

Ishika Binjrajka

Ishika Binjrajka

CA Inter

1K+

12-Dec-21 12:15

823

Answers (11)

Best Answer

Nithish Kamath

Answer is : Favourable/Debit balance as per cash book = 455

There were some errors in the answer. The corrected answer is : Overdraft as per Cash Book = 6545

Attachments

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What is your doubt


Dharshini Sankar

Dharshini Sankar

CA Inter

7K+

12-Dec-21 12:48

A debit balance in pass book is always a overdraft balance


Dharshini Sankar

Dharshini Sankar

CA Inter

7K+

12-Dec-21 12:51

Dharshini Sankar

What is your doubt

Answer is : Favourable/Debit balance as per cash book = 455

Attachments

IMG_20211212_124957.jpg

Nithish Kamath

Nithish Kamath

CA Final

4K+

12-Dec-21 12:55

In this 3rd transaction why are you less in BRS tell me pls


Balachandar S

Balachandar S

CA Inter

59K+

12-Dec-21 13:02

Balachandar S

In this 3rd transaction why are you less in BRS tell me pls

I deducted 4570 because when cheque is deposited, the cash book bank column increases. Now if it was a favourable balance, we would have added. But as it is an unfavourable balance, we deduct 4570. I hope it's clear now.


Nithish Kamath

Nithish Kamath

CA Final

4K+

12-Dec-21 13:10

Nithish Kamath

Answer is : Favourable/Debit balance as per cash book = 455

Wrong


Thread Starter

Ishika Binjrajka

Ishika Binjrajka

CA Inter

1K+

12-Dec-21 13:12

Thread Starter

Ishika Binjrajka

Wrong

Corrected answer is sent below. Please check


Nithish Kamath

Nithish Kamath

CA Final

4K+

12-Dec-21 13:13

Nithish Kamath

Corrected pic :

Corrected answer here


Nithish Kamath

Nithish Kamath

CA Final

4K+

12-Dec-21 13:13

Nithish Kamath

Corrected answer is sent below. Please check

Thankyou


Thread Starter

Ishika Binjrajka

Ishika Binjrajka

CA Inter

1K+

12-Dec-21 13:14

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