Caluclate the balance as per passbook if the debit balance as per cash book is ₹15,000.
Other information- Cheque deposited but not cleared is ₹1000. Cheques issued but not presented is ₹1,500. Bank interest is ₹200.
Options:
₹15,700
₹15,200
₹15,400
₹16,000
Correct Answer:
₹15,700
Explanation:
The correct answer is option 1- ₹15,700.
Balance as per cash book = ₹15,000 Less: Cheque deposited but not cleared is ₹1000. Add: Cheques issued but not presented is ₹1,500 Add: Bank interest 200 = (15,000 - 1,000 + 1,500 +200) = 15,700