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Question 63Asked in DSSSB TGT Computer Science (Technical), 13 Sep 2025, Shift 3 (5:00 PM)

On 31st May 2024, the cash balance of AQ Ltd. is ₹5,50,000. The cash receipts and cash

On 31st May 2024, the cash balance of AQ Ltd. is ₹5,50,000. The cash receipts and cash payments during the month of June 2024 aggregated to ₹5,25,000 and ₹4,50,000, respectively. The rent and salaries yet to be paid amounted to ₹25,000 and ₹36,000, respectively. Calculate the amount of cash balance as on 30th June 2024 in the books of AQ ltd.
  1. A₹5,64,000
  2. B₹6,86,000
  3. C₹4,75,000
  4. D₹6,25,000
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Correct answer: (D) ₹6,25,000

Explanation

Closing cash = 5,50,000 + 5,25,000 − 4,50,000 = ₹6,25,000. Unpaid rent and salaries are outstanding expenses and do not reduce the cash balance.

From DSSSB TGT Computer Science PYQ (Technical), 13 Sep 2025, Shift 3 (5:00 PM)

This is question 63 of DSSSB TGT Computer Science PYQ (Technical), 13 Sep 2025, Shift 3 (5:00 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.