Overdraft as per Cash Book ₹20,000 . Cheques deposited but not credited ₹ 5,000 . Cheques issued but not encashed ₹ 7,000. What is the balance as per Passbook ? *
Balance ₹ 18,000.
Overdraft ₹ 18,000.
Overdraft 22,000.
Balance ₹ 22,000.
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Answer:
overdraft ₹ 18,000
Explanation:
Overdraft as per Cash book 20,000
Add : Cheques deposited but not credited 5,000
Less : Cheques issued but not encashed (7,000)
Overdraft as per passbook 18,000
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