The cash book shows a bank balance of Rs 80,000. Cheques issued for Rs 2,000 have not been presented, and cheques deposited for Rs 8,000 are not yet credited by the bank. What is the balance as per the pass book?
Answer and explanation
Correct answer: B. Rs 74,000
- Step 1: Add cheques issued but not presented: 80000 + 2000.
- Step 2: Deduct cheques deposited but not credited: 82000 - 8000 = 74000.
Answer
Rs 74,000.
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