CBSE · Class 11 · Accountancy · Bank Reconciliation StatementCheques issued but not presented for payment will cause:
Step-by-Step Solution
Cheques issued but not presented for payment reduce the cash book balance immediately, but passbook balance remains higher until presented. Thus, starting from cash book, it is added.
Detailed Options Breakdown
Option : Cash book balance to be more than passbook balance
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Bank Reconciliation Statement.
Option 1: Passbook balance to be more than cash book balance (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: No difference in balances
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Bank Reconciliation Statement.
Option 3: Decrease in passbook balance
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Bank Reconciliation Statement.
💡 Study Guide: This question tests core syllabus concepts from Bank Reconciliation Statement. For formulas, key summaries, and mock exam reference guides, read the full Bank Reconciliation Statement Revision Notes.