Question

cheques paid into bank but not cleared before 31st December 2017 were 22,17,000 what will be this?
point no. 5​

Answer 1

Answer: It has to be shown in minus.

Explanation: Why? Because we already written in cashbook and due to this, cashbook contains more as compared to passbook, to balance it, passbook must be increase or cashbook must be decrease.

Hope you get the answer.