Question

Bank balance as per cash Book is Rs 12,000 taking into account cheques worth Rs 20,000 deposited into the bank. Of the cheques deposited, one cheque of Rs 5,000 was yet to be cleared & another cheque of Rs 4,000 was dishonoured. The balance as per pass book shall be:

• A. Rs 9,000
• B. Rs 20,000
• C. Rs 3,000
• D. Rs 15,000

Answer 1

The correct option is C

Rs 3,000

Balance as per pass book shall be: Rs 12,000 - Rs 5,000(Cheque yet to be cleared) - Rs 4,000(Dishonoured Cheque).