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Question

Balance as per cash book = Rs.10000, unpresented cheques = Rs. 2000, uncredited cheque = Rs.500, compute the balance as per bank statement .

A
Rs.7500
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B
Rs.12500
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C
Rs.8500
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D
Rs.2500
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Solution

The correct option is C Rs.8500
The reconciliation is as follows :
ParticularsAmount in Rs.
Balance as per cash book10000
LessUnpresented cheques 2000
AddUncredited cheque 500
Balance as per bank statement8500

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