what if The credit side of a bank column of Cash book was under cast by 2000 rupees if there is overdraft as per passbook?
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Answer:
Decrease the overdraft balance by 2000 rs.
Explanation:
Since the question has given overdraft as per pass book. That means we have to find balance as per cash book.
So, if the credit side or payment side of cash book has been undercasted by 2000 rs. we have to decrease our overdraft balance from passbook balance.
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