Mr. T issued cheques worth Rs.25,000 in March 2014 out of which cheques worth Rs.10,000 only were presented for payment by 31stMarch,2014. Balance as per pass book was Rs.45,000. What would be balance as per Cash book?
A
Rs.30,000
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B
Rs.20,000
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C
Rs.25,000
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D
Rs.15,000
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Solution
The correct option is ARs.30,000 Particulars Rs.
Balance as per pass book (Cr.) 45000
Less: Cheques issued but not yet presented for payment (15000)