There were 2 cheques worth Rs 5,000 each given to a creditor. He lost one cheque while he was travelling to his office. This transaction will lead to cash book showing a less balance of Rs ___

Rs 10,000

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Rs 5,000

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Rs 15,000

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None

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Solution

The correct option is A
Rs 10,000

Since one cheque of Rs 5,000 was lost & not presented in bank, this shall lead to cash book showing a less balance by Rs 10,000.

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There were 2 cheques worth Rs 5,000 each given to a creditor. He lost one cheque while he was travelling to his office. This transaction will lead to cash book showing a less balance of Rs ___

The correct option is A Rs 10,000 Since one cheque of Rs 5,000 was lost & not presented in bank, this shall lead to cash book showing a less balance by Rs 10,000.

The correct option is A
Rs 10,000

Since one cheque of Rs 5,000 was lost & not presented in bank, this shall lead to cash book showing a less balance by Rs 10,000.