The bank has collected a dividend of Rs.500 & also debited Rs.100 in passbook. An amount of shall be to the balance of cash book for reconciling.

Rs.600

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Rs.400

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added

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deducted

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Solution

The correct options are
B Rs.400
C added
The bank has credited an amount of Rs.500 towards dividend and debited Rs.100 as bank charges. So the balance as per bank statement is increased by Rs.400(500-100). So the same amount of Rs.400 is added to the balance of cash book to reconcile the same with the balance as per pass book.

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