CBSE Class 11-commerce Answered
Please answer this question
Asked by jtnrohit | 05 Apr, 2019, 12:50: PM
Expert Answer
In order to determine the balance as per Cash Book, following effects are necessary:
Overdraft as per pass book 25,000
Add: Payment directly received in bank 7,500
Cheque issued but not presented 6840
Interest on investment 700
Less: Bank Charges 500
Recorded in cash book 7000
Interest debited by bank 380
Cheque deposited not collected 4750
Bill dishonoured 3600
Overdraft as per Cash Book 23810
Answered by Surabhi Gawade | 05 Apr, 2019, 03:58: PM
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